Rochester, NY 8/7/2009 1:23:25 PM
After Hours - Teradata Corporation, TDC - Teradata current company profit declines by 10%, beats estimates
Teradata Corporation
Teradata Corp. released report yesterday that the company’s second quarter profit declines to $62 million, or 36 cents a share, as compared to $69 million, or 38 cents a on the same period a year ago.
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Revenue at the data warehousing company was down 7%, to $421 million. Analysts surveyed by FactSet Research had expected, on average, profit of 26 cents a share on sales of $415.4 million. Dayton, OH-based Teradata issued full-year earnings guidance of $1.22 to $1.28 a share. Analysts expect full-year earnings of $1.20 a share.
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