Informatica Reports Fourth Quarter and Full-Year 2023 Financial Results
Informatica (NYSE: INFA), an enterprise cloud data management leader, today announced financial results for its fourth quarter and full-year 2023, ended December 31, 2023.
- Informatica (NYSE: INFA), an enterprise cloud data management leader, today announced financial results for its fourth quarter and full-year 2023, ended December 31, 2023.
- Fourth quarter total revenues included a positive impact of approximately $6.8 million from foreign currency exchange rates (FX) year-over-year.
- Fourth quarter subscription ARR included a negative impact of approximately $1.4 million from FX year-over-year.
- In conjunction with the previously announced November 2023 restructuring plan (the “November Plan”), the Company recorded restructuring charges of $31.6 million in the fourth quarter 2023.