Teradata's (TDC) Q1 Earnings Surpass Estimates
Founded in 1979 and headquartered in Dayton, Ohio, Teradata Corporation TDC is a leading provider of Enterprise Data Warehousing (EDW) solutions, including enterprise analytic technologies and services worldwide. The EDW offering is built on Massively Parallel Processing (MPP) architecture. The company was spun off from NCR Corporation in Aug 2007 and now operates as a standalone entity.
Teradata provides analytic data solutions, which include integrated data warehousing, big data analytics and business applications. The company’s data warehousing solutions comprise software, hardware, and related business consulting and support services.
Zacks Rank: Currently, Teradata has a Zacks Rank#3 (Hold) but that could change following its first quarter 2017 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Teradata Corporation Price and EPS Surprise
Teradata Corporation Price and EPS Surprise | Teradata Corporation Quote
We have highlighted some of the key details from the just-released announcement below:
Earnings: Teradata reported adjusted earnings (including stock-based compensation expense but excluding other items) of 20 cents per share, above the Zacks Consensus Estimate of 19 cents.
Revenue: Revenues of $491 million missed the Zacks Consensus Estimate of $498.4 million and declined 9.9% year over year.
Key Stats: The company reported non-GAAP operating income of $58 million, down from $92 million reported in the prior-year quarter.
Check back later for our full write up on this TDC earnings report later!
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