Teradata Corp. (TDC) reported a profit for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $40 million, or $0.42 per share. This compares with $32 million, or $0.33 per share, last year.
Excluding items, Teradata Corp. reported adjusted earnings of $69 million or $0.72 per share for the period.
Analysts on average had expected the company to earn $0.54 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 5.5% to $416 million from $440 million last year.
Teradata Corp. earnings at a glance (GAAP) :
-Earnings: $40 Mln. vs. $32 Mln. last year.-EPS: $0.42 vs. $0.33 last year.-Revenue: $416 Mln vs. $440 Mln last year.
-Guidance:Next quarter EPS guidance: $0.53 to $0.57Full year EPS guidance: $2.38 to $2.42
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