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Thursday, May 7, 2009

Teradata profit, sales beat views

The world's biggest data warehousing system provider surged 8.9% to 20.50 after it said its Q1 EPS rose 13% to 26 cents, beating views by 12 cents. Revenue fell 2% to $367 mil, but also topped expectations. Teradata (TDC) said lower expenses and currency exchange rates helped the result. It also announced a $300 mil increase in its share buyback program and extended it from two years until Feb. 2012.

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Posted by Senor Marquez at 10:42 PM

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