Investing.com - Teradata (NYSE:TDC) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Teradata announced earnings per share of $0.74 on revenue of $491M. Analysts polled by Investing.com anticipated EPS of $0.461 on revenue of $474.43M.
Teradata shares are up 125.37% from the beginning of the year, still down 15.01% from its 52 week high of $59.58 set on February 9. They are outperforming the EUR/USD which is down 0% from the start of the year.
Teradata shares gained 8.12% 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 27, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.33B.
Microsoft had beat expectations on July 27 with fourth quarter EPS of $2.17 on revenue of $46.15B, compared to forecast for EPS of $1.92 on revenue of $44.22B.
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