05:08 PM EDT, 07/30/2024 (MT Newswires) -- Informatica ( INFA ) reported Q2 non-GAAP earnings late Tuesday of $0.23 per diluted share, up from $0.17 a year earlier.

Analysts polled by Capital IQ expected $0.22.

Revenue for the quarter ended June 30 was $400.6 million, up from $376.0 million a year earlier.

Analysts polled by Capital IQ expected $403.1 million.

The company said it expects Q3 revenue of $412 million to $428 million. Analysts polled by Capital IQ expect $433.4 million.

Informatica ( INFA ) said it now expects full-year 2024 revenue of $1.66 billion to $1.68 billion, versus its previous guidance of about $1.69 billion and $1.71 billion. Analysts polled by Capital IQ expect $1.70 billion.

Shares of the company fell 2.2% in recent after-hours activity.

Price: 23.55, Change: -0.52, Percent Change: -2.16