Teradata Corporation Earnings Cheat Sheet: Beats Analysts’ Estimates

S&P 500 (NYSE:SPY) component Teradata Corporation (TDC) reported net income above Wall Street’s expectations for the most recent quarter. Teradata Corporation provides enterprise data warehousing, including enterprise analytic technologies and services.

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Teradata Earnings Cheat Sheet for the Second Quarter

Results: Net income for Teradata Corporation rose to $103 million (60 cents per share) vs. $74 million (44 cents per share) in the same quarter a year earlier. This marks a rise of 39.2% from the year earlier quarter.

Revenue: Rose 23.6% to $581 million from the year earlier quarter.

Actual vs. Wall St. Expectations: TDC beat the mean analyst estimate of 52 cents per share. It beat the average revenue estimate of $550.6 million.

Quoting Management: “Teradata has been executing well on our growth strategies, which led to 21 percent revenue growth in the first half of 2011, as well as the highest number of new customer additions in the last ten years,” said Mike Koehler, president and chief executive officer of Teradata Corporation. “Today’s market dynamics favor Teradata, as companies strive to work with increasing volumes and complexities of data to gain new insights for competitive advantage. The Teradata team remains relentlessly focused on serving our customers, accelerating growth, and extending our leadership positions in data warehousing and integrated marketing.”

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past five quarters. Over that span, the company has averaged growth of 15.7%, with the biggest boost coming in the most recent quarter when revenue rose 23.6% from the year earlier quarter.

The company topped expectations last quarter after falling short of forecasts in the first quarter with net income of 44 cents versus a mean estimate of net income of 46 cents per share.

Net income has increased 15.2% year over year on average across the last five quarters. The biggest gain came in the most recent quarter, when income climbed 39.2% from the year earlier quarter.

Competitors to Watch: Intl. Business Machines Corp. (NYSE:IBM), Oracle Corporation (NASDAQ:ORCL), CA, Inc. (NASDAQ:CA), Microsoft Corporation (NASDAQ:MSFT), MicroStrategy Incorporated (NASDAQ:MSTR), Progress Software Corp. (NASDAQ:PRGS), SAP AG (NYSE:SAP), Datawatch Corporation (NASDAQ:DWCH), Informatica Corporation (NASDAQ:INFA), and Tibco Software Inc. (NASDAQ:TIBX).

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(Source: Xignite Financials)