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Teradata: Q1 Earnings Snapshot

Teradata: Q1 Earnings Snapshot

By AP News
Published - May 04, 2023, 04:21 PM ET
Last Updated - Jun 21, 2023, 10:40 PM EDT

SAN DIEGO (AP) — SAN DIEGO (AP) — Teradata Corp. (TDC) on Thursday reported first-quarter earnings of $40 million.

On a per-share basis, the San Diego-based company said it had net income of 39 cents. Earnings, adjusted for one-time gains and costs, were 61 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.

The data management company posted revenue of $476 million in the period.

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