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Informatica Reports Second Quarter 2024 Financial Results

July 30, 2024 4:05 PM EDT

Cloud Subscription Annualized Recurring Revenue (ARR) increased 37% year-over-year to $703 million Total ARR increased 7.8% year-over-year to $1.67 billion Results within or above all second quarter 2024 guidance metric ranges Raises full-year 2024 Cloud Subscription ARR, Subscription ARR, Non-GAAP Operating Income and Adjusted Unlevered Free Cash Flow (after-tax) guidance; updates Total Revenue guidance

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, today announced financial results for its second quarter 2024, ended June 30, 2024.

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