02.08.2016 12:54:25

Teradata Corp. Q2 Profit Advances 24%

(RTTNews) - Teradata Corp. (TDC) released earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $94 million, or $0.71 per share. This was up from $76 million, or $0.53 per share, in last year's second quarter.

Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.9% to $599 million. This was down from $623 million last year.

Teradata Corp. earnings at a glance:

-Earnings (Q2): $94 Mln. vs. $76 Mln. last year. -Earnings Growth (Y-o-Y): 23.7% -EPS (Q2): $0.71 vs. $0.53 last year. -EPS Growth (Y-o-Y): 34.0% -Analysts Estimate: $0.60 -Revenue (Q2): $599 Mln vs. $623 Mln last year. -Revenue Change (Y-o-Y): -3.9%

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