Teradata pares gains; 2014 EPS guidance below consensus

Up sharply in premarket trading in response to its Q4 beat, Teradata (TDC +3.7%) has given back a chunk of its gains. A likely reason: The data warehousing hardware/software provider has guided for 2014 EPS of $2.85-$3, below a $3.04 consensus.

After seeing its sales grow 1% in 2013, 3%-7% revenue growth is expected in 2014 (consensus is at 4.8%).

Product revenue (drives future services revenue) rose 3% Y/Y in Q4 to $372M. Services revenue rose 5% to $397M. Americas sales +3% to $464M, international +5% to $305M.

With shares fairly close to their 52-week low of $39.16 going into earnings, expectations were low. A major October warning has put investors on edge, and so have long-term concerns about the threat posed by the Hadoop big data framework to Teradata's traditional data warehousing solutions.

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Comments (1)
  • MMDave
    , contributor
    Comment (1) | Send Message
    "after seeing its sales grow 1% in 2013, 3%-7% revenue growth is expected in 2014; the midpoint is below a 4.8% consensus"


    The midpoint would actually be 5% which is above the 4.8 consensus
    6 Feb 2014, 04:40 PM Reply Like
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