06:10 PM EDT, 05/01/2024 (MT Newswires) -- Informatica ( INFA ) reported Q1 non-GAAP earnings late Wednesday of $0.22 per diluted share, up from $0.15 a year earlier.

Analysts polled by Capital IQ expected $0.20.

Revenue for the quarter that ended March 31 was $388.6 million, up from $365.4 million a year earlier.

Analysts surveyed by Capital IQ expected $387.9 million.

The company expects revenue of $394 million to $410 million for Q2 and $1.69 billion to $1.71 billion for full-year 2024. Analysts polled by Capital IQ expected $401.4 million and $1.70 billion, respectively.

Shares of the company traded 1.9% higher in after-hours activity.

Price: 31.45, Change: +0.60, Percent Change: +1.94