Teradata Corp. (TDC: Quote), an analytic data platforms, applications and services company, reported fourth-quarter net income of $112 million, or $0.68 per share, compared to $112 million, or $0.66 per share, last year. Excluding stock-based compensation expense and special items, non-GAAP net income in the fourth quarter of 2013 was $144 million, or $0.88 per share.
On average, 26 analysts polled by Thomson Reuters expected the company to report profit per share of $0.85 for the quarter. Analysts' estimates typically exclude special items.
Revenue was $769 million, an increase of 4 percent from $740 million, a year ago. Revenue increased 5 percent year-over-year when compared in constant currency. Analysts expected revenue of $743.18 million for the quarter.
Teradata expects full-year 2014 revenue to grow approximately 3-7 percent in 2014, an increase of 4-8 percent when measured in constant currency. Teradata expects earnings per share for the full-year 2014 to be in the $2.39-$2.54 range on a GAAP basis and $2.85-$3.00 on a non-GAAP basis. Analysts expect the company to report fiscal 2014 earnings per share of $3.04.
Click here to receive FREE breaking news email alerts for Teradata Corp. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org