The Business Intelligence Blog

Revenues for the first quarter of 2008 were $103.7 million, up 19 percent from the $87.1 million recorded in the first quarter of 2007. License revenues for the first quarter were $44.2 million, up 18 percent from the $37.6 million recorded in the first quarter of 2007. Net income for the first quarter, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $11.2 million or $0.12 per diluted share, up more than 20 percent from net income of $9.1 million or $0.10 per diluted share in the first quarter of 2007.

Significant milestones achieved since January 2008 include:

Announced definitive agreement to acquire Identity Systems

Signed repeat business with 178 customers.

Added 38 new customers.

Launched the Informatica Data Migration Suite.

Wipro Technologies Selected Informatica for Data Migration Service.

Launched the INFORM Partner Network.

From the Press Release.