Teradata Corp. (TDC) Tops Q4 EPS by 7c; Issues Mixed Q1 Outlook
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Teradata Reports 2016 Fourth Quarter and Full-Year Results
February 9, 2017 6:50 AM ESTATLANTA, Feb. 9, 2017 /PRNewswire/ -- Teradata Corp. (NYSE: TDC) reported revenue of $626 million for the quarter ended December 31, 2016, versus $719 million in the fourth quarter of 2015. However, revenue in the fourth quarter of 2015 included $39 million of revenue from the Marketing Applications business that Teradata sold on July 1, 2016. Since the time Teradata provided its guidance for the fourth quarter, there was approximately $7 million of negative impact from currency movement on the reported 2016 fourth quarter revenue.(1)
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