Teradata Corp. (TDC) Tops Q3 EPS by 1c, Lowers FY Outlook
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Teradata Reports 2015 Third Quarter Results and Updates Key Initiatives
November 5, 2015 6:55 AM ESTATLANTA, Nov. 5, 2015 /PRNewswire/ --
Third quarter revenue of $606 million, down 3% in constant currency(1) Non-GAAP EPS of $0.55(2) Full year revenue is now expected to be flat to down 2% in constant currency(1) Full-year non-GAAP EPS now expected to be in the $2.00 - $2.20 range(2) Transformational changes targeting improved performance Aligning the Data & Analytics business for the evolving market Exiting the Marketing Applications business Cost rationalization initiatives and the exit of the Marketing Applications business are estimated to provide a benefit of approximately $120 million in operating income in... More