* Sees Q2 adj EPS $0.27-$0.28 vs est $0.37
* Sees Q2 rev $188 mln-$190 mln vs est $217.2 mln
* Shares down over 26 pct after market
July 5 Data-integration software maker
Informatica Corp estimated second-quarter results below
analysts' expectations, a s customers delayed contracts and deal
sizes shrank on challenging business conditions in Europe,
sending its shares down more than 26 percent after the bell.
Uncertainty in Europe, the company's second-largest market
that brought in a quarter of its revenue last year, has hurt two
of his top segments - financial services and public sector.
Revenue for 2011 was $784 million.
"Clearly, we did not adapt as rapidly as we should have to
the changing macroeconomic environment, especially in Europe,"
Chief Executive Sohaib Abbasi said.
Informatica, which helps companies access, integrate, and
consolidate data, counts Dell Inc and BNY Mellon
among its customers.
The company expects adjusted earnings of 27 cents to 28
cents per share on revenue of $188 million to $190 million.
Analysts on average were expecting earnings of 37 cents on
revenue of $217.2 million, according to Thomson Reuters I/B/E/S.
Abbasi said he was "disappointed" that the company fell
short of its own expectations, and it would look at "operational
discipline" for growth in the second half of 2012 and beyond.
Informatica shares, which closed at $43.37 on the Nasdaq,
were trading at $31.80 after the bell.