US company Informatica Corporation has reported US$159mn in net profits for Q3, up 17% from the US$131mn registered a year ago.
The company's net revenues increased 21% year-on-year, to US$196mn. License sales were one of the key growth drivers, according to the company, totaling US$83.7mn, 20% more from 3Q10.
In the first nine months of the year, total revenues reached US$557mn, a 23% increase compared to US$452mn in the same period last year.
Informatica also announced plans to expand its Bangalore business in India, with new installations. The unit is Informatica's largest professional team outside the US.