The jump represents an increase of 13 percent year-over-year and includes $103.0 million in software revenues, Informatica said Thursday.
âThe first quarter highlights included strong subscription revenue growth and improved sales operational discipline in Europe, â said Sohaib Abbasi, chairman and CEO of Informatica.
Informatica also gained $88.5 million from license fees and $14.5 million from subscription revenue during the quarter.
Operational income for the first quarter increased 49 percent year-over-year and net income based on generally accepted accounting principles was up 39 percent, the company said.