Teradata Corp. (NYSE: TDC) reported Q2 EPS of $0.53, $0.03 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $623 million versus the consensus estimate of $651.29 million.

Teradata Corp. sees FY2015 EPS of $2.20-$2.50, versus prior guidance of $2.50-$2.70 and the consensus of $2.46.

As a result of the second quarter results and an updated outlook for the rest of the year, which now assumes continued deferrals of, and longer sales cycles for, large transactions, Teradata is lowering its full-year revenue guidance for 2015. Full-year 2015 revenue is now expected to be approximately down 3 - 6 percent on a reported basis, up 0 - 3 percent on a constant currency basis, as compared to the prior year. Due to the goodwill impairment charge, Teradata now expects a $(0.62) - $(0.32) GAAP loss per share for full-year 2015. Non-GAAP earnings per share (which excludes stock-based compensation expense, goodwill impairment and other special items) for the full-year is now expected to be in the approximate range of $2.20-$2.50.(2)

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