Founded in 1979 and headquartered in Dayton, Ohio, Teradata Corporation TDC is a leading provider of Enterprise Data Warehousing (EDW) solutions, including enterprise analytic technologies and services worldwide. The EDW offering is built on Massively Parallel Processing (MPP) architecture. The company was spun off from NCR Corporation in Aug 2007 and now operates as a standalone entity.

Teradata provides analytic data solutions, which include integrated data warehousing, big data analytics and business applications. The company’s data warehousing solutions comprise software, hardware, and related business consulting and support services.

Zacks Rank: Currently, Teradata has a Zacks Rank#2 (Buy) but that could change following its fourth-quarter 2015 earnings report which has just released.

We have highlighted some of the key details from the just-released announcement below:

Earnings: Teradata reported adjusted earnings (including stock-based compensation expense but excluding other items) of 63 cents per share, below the Zacks Consensus Estimate of 65 cents and year-ago quarter earnings of 84 cents.

Revenue: Revenues of $719 million came ahead of the Zacks Consensus Estimate of $707 million and declined 6% year over year.

Key Stats: In the quarter, non-GAAP operating income was $134 million, down from $187 million in the prior-year quarter.

Stock Price: Shares prices did not show any movement in the pre-market trading session.

Check back later for our full write up on this TDC earnings report later!

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
TERADATA CORP (TDC): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research