Teradata Corp. (TDC) released earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $44 million, or $0.45 per share. This compares with $20 million, or $0.20 per share, last year.
Excluding items, Teradata Corp. reported adjusted earnings of $0.66 per share for the period.
Analysts on average had expected the company to earn $0.56 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 10.1% to $418 million from $465 million last year.
Teradata Corp. earnings at a glance (GAAP) :
-Earnings: $44 Mln. vs. $20 Mln. last year.
-EPS: $0.45 vs. $0.20 last year.
-Revenue: $418 Mln vs. $465 Mln last year.
-Guidance:
Next quarter EPS guidance: $0.37 to $0.41
Full year EPS guidance: $2.15 to $2.25
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