Teradata Corporation (TDC) Tops Q1 EPS by 2c; Boosts FY11 Outlook
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Teradata Corporation (NYSE: TDC) reported Q1 EPS of $0.48, $0.02 better than the analyst estimate of $0.46. Revenue for the quarter came in at $506 million versus the consensus estimate of $489.19 million.
Increases FY11 EPS to $2.13 - $2.23, versus the consensus of $2.17.
Teradata is increasing its expectation for full-year 2011 revenue growth to 14-16 percent. Teradata anticipates that currency fluctuations will benefit the year-over-year revenue comparison by approximately 4 percentage points, based on currency rates on April 29, 2011.
Increases FY11 EPS to $2.13 - $2.23, versus the consensus of $2.17.
Teradata is increasing its expectation for full-year 2011 revenue growth to 14-16 percent. Teradata anticipates that currency fluctuations will benefit the year-over-year revenue comparison by approximately 4 percentage points, based on currency rates on April 29, 2011.
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