* Q1 adj EPS $0.21 vs est $0.20
* Q1 rev $135.1 mln vs est $131 mln
* Sees Q2 adj shr $0.21-$0.23 vs est $0.23
(Adds outlook details from conference call)
April 22 Data integration software maker
Informatica Corp INFA.O posted better-than-expected quarterly
results on strong revenue from its licensing business, and
raised its 2010 revenue forecast.
"As we start 2010, we're encouraged by the increasing
breadth of recovery we're seeing in our business," a company
executive said on a conference call with analysts.
Informatica raised its 2010 revenue outlook to $575 million
to $610 million, from its prior view of $565 million to $600
It also lifted the lower end of its full-year adjusted
earnings outlook by 2 cents to 95 cents a share to $1.03 a
The company forecast a second-quarter adjusted profit of 21
cents to 23 cents a share, the higher end of which was in line
with analyst expectations of 23 cents a share, according to
Thomson Reuters I/B/E/S.
It expects second-quarter revenue of $140 million to $145
million, compared with Wall Street estimates of $140.6 million.
The company earned $11.8 million, or 12 cents a share for
the first quarter, nearly breakeven with a profit of $11.1
million, or 12 cents a share, in the year-ago period.
Excluding items, it earned 21 cents a share.
Revenue rose 24 percent to $135.1 million, helped by a 25
percent increase in license revenue.
Analysts on average were expecting Informatica to earn 20
cents a share on revenue of $131 million, according to Thomson
Shares of the company, which have gained over 23 percent
over the past six months, closed at $27.62 Thursday on Nasdaq.
For the alerts, click here. [ID:nWNAB1108]
(Reporting by Deepti Govind and Saqib Iqbal Ahmed in
Bangalore; Editing by Ratul Ray Chaudhuri, Anne