Reuters: Global Markets: Informatica results beat estimates, shares up

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Informatica results beat estimates, shares up Jan 24th 2013, 21:15 Thu Jan 24, 2013 4:15pm EST (Reuters) - Data-integration software maker Informatica Corp (INFA.O) reported a better-than-expected quarterly result on higher service revenue. Shares of the company were up 12 percent in extended trading, after closing at $33.24 on Thursday on the Nasdaq. Net income fell to $31.1 million, or 28 cents per share, in the fourth quarter, from $42.4 million, or 38 cents per share, a year earlier. Excluding items, the company earned 41 cents per share. Informatica makes software to help companies pull together data to analyze business trends. Revenue rose to $234.7 million from $227 million a year earlier. Analysts on average were expecting earnings of 37 cents per share on revenue of $217.5 million, according to Thomson Reuters I/B/E/S.

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