Teradata Corp. Q4 Income Falls 33%

(RTTNews) - Teradata Corp. (TDC) released earnings for fourth quarter that dropped from last year.

The company said its bottom line dropped to $94 million, or $0.70 per share. This was lower than $140 million, or $0.91 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.70 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.5% to $719 million. This was down from $761 million last year.

Teradata Corp. earnings at a glance:

-Earnings (Q4): $94 Mln. vs. $140 Mln. last year. -Earnings Decline (Y-o-Y): -32.9% -EPS (Q4): $0.70 vs. $0.91 last year. -EPS Decline (Y-o-Y): -23.1% -Analysts Estimate: $0.70 -Revenue (Q4): $719 Mln vs. $761 Mln last year. -Revenue Change (Y-o-Y): -5.5%