Teradata Corp TDC:NYSE

Last Price$39.40NYSE Previous Close - Last Trade as of 7:00PM ET 1/21/22

Today's Change-1.67(4.07%)
Bid (Size)$37.85 (3)
Ask (Size)$42.19 (3)
Day Low / High$39.34 - 41.55
Volume1.3 M

Teradata Reports Flat Q3 non-GAAP EPS as Revenue Rises; Unveils Collaboration With AWS

4:38PM ET 11/04/2021 MT Newswires
Teradata (TDC) reported Thursday Q3 non-GAAP earnings of $0.43 per diluted share, flat from a year ago.

Analysts polled by Capital IQ expected normalized EPS of $0.33.

Revenue for the quarter was $460 million, up from $454 million a year earlier. Analysts expected $455.45 million.

For Q4, non-GAAP diluted EPS is expected to be in the range of $0.25 to $0.29.

For the full year 2021, non-GAAP EPS is expected to be in the range of $2.11 to $2.15, up from our prior outlook of $1.92 to $1.96.

The company also said that on Nov. 1, its board authorized an additional $1 billion to be used to buy back common stock under its open market share buyback program. It now has a total of about $1.3 billion authorized for share repurchases.

Separately, the company said Thursday that it has entered into a three-year strategic collaboration agreement with Amazon Web Services to boost product integration and development. Financial details about the agreement were not disclosed.

Price: 59.10, Change: +2.21, Percent Change: +3.88