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The Boston Globe

Business

Informatica Corp. forecasts weak third-quarter results

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Business software maker Informatica forecast weak third-quarter results, pointing to its struggling business in Europe. It expects earnings of 13 to 15 cents per share. “Despite improving operational results in the US and Asia Pacific . . . the disappointing European results reflect continued operational challenges that we are taking aggressive steps to address,” CEO Sohaib Abbasi said.

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