Investing.com - Teradata (NYSE:TDC) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Teradata announced earnings per share of $0.27 on revenue of $434M. Analysts polled by Investing.com anticipated EPS of $0.23 on revenue of $452.64M. That with comparison to EPS of $0.22 on revenue of $468M in the same period a year before. Teradata had reported EPS of $0.22 on revenue of $494M in the previous quarter. Analysts are expecting EPS of $0.29 and revenue of $465.19M in the upcoming quarter.
Teradata shares are down 11.47% from the beginning of the year , still down 40.53% from its 52 week high of $39.85 set on May 7, 2019. They are under-performing the EUR/USD which is down 0% year to date.
Teradata shares lost 5.91% in after-hours trade following the report.
Teradata follows other major Technology sector earnings this month
Teradata's report follows an earnings beat by Microsoft on April 29, who reported EPS of $1.4 on revenue of $35.02B, compared to forecasts EPS of $1.27 on revenue of $33.76B.
Apple had beat expectations on April 30 with second quarter EPS of $2.55 on revenue of $58.31B, compared to forecast for EPS of $2.24 on revenue of $54.78B.
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