Teradata: Q4 Earnings Snapshot
By AP News
Published - Feb 12, 2024, 04:39 PM ET
Last Updated - Feb 12, 2024, 04:39 PM EST
SAN DIEGO (AP) — SAN DIEGO (AP) — Teradata Corp. (TDC) on Monday reported a loss of $7 million in its fourth quarter.
The San Diego-based company said it had a loss of 7 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 56 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.
The data management company posted revenue of $457 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $447.8 million.
