Informatica, anindependent provider of data integration software, has announced all-time record quarterly financial results for the second quarter ended 30 June 2010.
Total revenues for the second quarter were $155,7-million, an increase of 33% from $117,3-million in the second quarter of 2009. Licence revenues were $70-million, an increase of 44% from $48,7-million in the second quarter of 2009.
“Our record Q2 results underscore the increasingly strategic role of Informatica for our customers and partners,” says Sohaib Abbasi, chairman and CEO of Informatica. “Despite the uneven economic recovery, Informatica is increasingly benefiting from our strongest ever product portfolio and the team’s exceptional operational discipline, with record results in each of the major geographic regions.”
Income from operations for the second quarter, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $25,5-million, up 49% from $17,1-million in the second quarter of 2009.
GAAP net income for the second quarter of 2010 was $17,4-million or $0,17 per diluted share, up over 30% from $12-million or $0,13 per diluted share in the second quarter of 2009.
For the six-month period, revenues were $290,8-million, an increase of 28% from the $226,4-million recorded for the first six months of 2009. Licence revenues for the first six months of 2010 were $125,1-million, up 35% from $92,8-million in the first six months of 2009. GAAP net income for the first six months of 2010 was $29,2-million or $0,29 per diluted share, up over 16% from $23-million or $0,25 per diluted share in the first six months of 2009.