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Teradata Corp Raises FY 2012 Guidance

Thursday, 2 Aug 2012 06:55am EDT 

Teradata Corp announced that it is raising its expectations for constant currency revenue growth from the 13%-15% revenue range to the 14%-16 % range. However due to currency changes since early May 2012, when Teradata previously provided revenue guidance, Teradata now anticipates that currency translation will negatively impact the year-over-year revenue comparison by an additional percentage point, based on currency rates on July 30, 2012. As a result Teradata's expectation for fiscal 2012 reported revenue growth remains at 12%-14%. Teradata is increasing its guidance for fiscal 2012 GAAP earnings per share to the range of $2.34 to $2.44. Excluding stock-based compensation expense and special items, non-GAAP EPS for fiscal 2012 is now expected to increase to the range of $2.72 to $2.82, versus prior non-GAAP EPS guidance of $2.60 to $2.70. The Company reported revenue of $2.362 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $2.705 billion and EPS of $2.69 for fiscal 2012. 

Company Quote

0.43 +1.05%
11 Jul 2014