Informatica Corporation, the world’s number one independent provider of data integration software, has reported record results for the fourth quarter and the year ended 31 December, 2010.
Total revenues for the fourth quarter of 2010 were a record $198-million, an increase of 31% from $150,9-million recorded in the fourth quarter of 2009. Licence revenues were $100,2-million, an increase of 40% from the $71,6-million recorded in the fourth quarter of 2009.
“Informatica’s sustained results, with a five-year compound annual licence revenue growth rate of 20%, affirm our growth strategy and the team’s operational discipline,” says Sohaib Abbasi, chairman and CEO, Informatica.
“With the increasingly critical role of our expansive product portfolio for three computing platforms – existing on-premise computing, emerging cloud computing and social computing – Informatica is in the strongest ever position for long-term growth.”
Income from operations for the fourth quarter of 2010, calculated in accordance with US generally accepted accounting principles (GAAP), was $49,1-million, up 40% from $35-million in the fourth quarter of 2009.
GAAP net income for the fourth quarter of 2010 was $34,6-million or $0,32 per diluted share, up over 28% from $25-million or $0,25 per diluted share in the fourth quarter of 2009.
For the year ended 31 December, 2010, revenues were $650,1-million, an increase of 30% from the $500,7-million recorded in 2009.
Licence revenues for the year 2010 were $295,1-million, up 38% from $214,3-million for the year 2009. GAAP net income for 2010 was $86,3-million or $0,83 per diluted share, up over 25% from $64,2-million or $0,66 per diluted share in 2009.
Additional highlights since October 2010 include:
*Signed repeat business with 429 customers. Customers continue to derive considerable value from their investments in Informatica solutions.
Repeat customers include: Cummins Energy Company, Hong Kong Hospital Authority, RGA Reinsurance Group of America, Shire Pharmaceuticals, Telekom Slovenije and Xcel Energy Services.
*Added 82 new customers. Informatica increased its customer base this quarter to 4,282 companies.
New customers included: Asia Gateway Healthcare Information Tech, Fundo Nacional de Desenvolvimento da Educação, Indian Oil Company, National Cancer Screening Service, Reliance Steel & Aluminum and Syngenta Crop Protection.
*Awarded salesforce.com’s AppExchange Best of '10 Awards for Data Integration.
For the third consecutive year, Informatica Cloud was rated number one by customers for its product excellence and the highest levels of customer satisfaction among the data integration vendor community.
*Announced general availability of Informatica 9 Master Data Management (MDM). Informatica announced the general availability of the latest release of its market-leading MDM product, Informatica 9 MDM.
Informatica 9 MDM is natively integrated with Informatica 9, the industry’s only comprehensive, unified and open data integration platform and now includes support for MDM-aware business applications, continuous availability support for mission-critical business processes and integrated workflow/business process management.
*Identified as a Leader in Enterprise Data Quality Platforms. The Forrester Wave: Enterprise Data Quality Platforms, Q4 2010 cited Informatica as a “Leader”.
According to Forrester, leaders “feature a clear, dedicated focus on data quality software innovation”.
Forrester also noted that “Informatica successfully ensured that its recent release of Informatica Data Quality is closely embedded – and now shares the same architecture – as PowerCenter.
"With this technology marriage, along with a strong focus on usability and a clear product strategy, Informatica emerges as a Leader in enterprise data quality.”
*Named to 2011 Institutional Investor’s All-America Software Executive Team. Earl Fry, CFO, CAO & EVP Global Customer Support, for the second year in a row, was rated number one CFO in software.
Sohaib Abbasi, CEO and chairman, was named one of the three top performing software company CEOs according to buy-side analysts.
Stephanie Wakefield, VP, investor relations, was named number two IR professional in software by buy-side analysts, who also rated Informatica the number two IR company among public software companies.