Informatica (US:INFA) Globenewswireยท2025-10-01 21:50Company Overview - Informatica develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems [3] Financial Performance - On February 13, 2025, Informatica reported its fourth quarter of 2024 and fiscal 2024 financial results, missing financial projections - The company experienced a 3.8% year-over-year decrease in GAAP total revenues - There was a 2% year-over-year decrease in GAAP subscription revenues - Non-GAAP operating income decreased by 3.9% year-over-year at the midpoint of the range - Following the financial results announcement, Informatica's share price fell by more than 21% [4] Legal Investigation - The law firm Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Informatica and its top executives for making false and/or misleading statements and/or failing to disclose material information to investors [1]