Investing.com - Teradata (NYSE:TDC) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Teradata announced earnings per share of $0.33 on revenue of $430M. Analysts polled by Investing.com anticipated EPS of $0.2918 on revenue of $441.53M.
Teradata shares are down 25% from the beginning of the year, still down 34.59% from its 52 week high of $59.38 set on October 22, 2021. They are under-performing the S&P 500 which is down 12.89% from the start of the year.
Teradata shares lost 2.16% in after-hours trade following the report.
Teradata follows other major Information Technology sector earnings this month
Teradata's report follows an earnings beat by Apple on July 28, who reported EPS of $1.2 on revenue of $82.96B, compared to forecasts EPS of $1.16 on revenue of $82.79B.
Microsoft had missed expectations on July 26 with fourth quarter EPS of $2.23 on revenue of $51.87B, compared to forecast for EPS of $2.29 on revenue of $52.38B.
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