Teradata (TDC) Tops Q4 EPS by 1c; Issues Light FY15 EPS Outlook
Teradata (NYSE: TDC) reported Q4 EPS of $0.91, $0.01 better than the analyst estimate of $0.90. Revenue for the quarter came in at $761 million versus the consensus estimate of $779.6 million.
“Teradata’s fourth quarter and full-year financial results were roughly in line with what we were expecting, however we are not satisfied with these results,” said Mike Koehler, president and chief executive officer, Teradata Corporation. “We were pleased with the record number of new customer wins for the quarter and with the second highest number of wins for the year, along with the additions we made to our Big Data Analytics and Marketing Applications portfolios.
“We are increasing investments significantly in 2015 in Big Data Analytics, Marketing Applications, Teradata Cloud, and in demand creation to go broader in the market. Although this will impact earnings in 2015, we believe these investments will position us well for longer term revenue and earnings growth.”
Teradata sees FY2015 EPS of $2.50 - $2.70, versus the consensus of $2.98.
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