Teradata Cuts FY13 Outlook - Quick Facts

(RTTNews) - Teradata Corp. (TDC) announced that it expects third-quarter earnings per share in the approximate range of $0.58 - $0.59, non-GAAP earnings in the range of $0.69 - $0.70 and revenue of approximately $665 million.

Analysts currently expect third quarter earnings of $0.81 per share and revenue of $698.92 million.

Teradata said it is lowering its full-year guidance for 2013 to reflect the preliminary third quarter results and its current expectations for the fourth quarter.

Full-year 2013, the company now expects GAAP earnings per share in the approximate range of $2.25 - $2.35, non-GAAP earnings per share in the approximate range of $2.70 - $2.80. Revenue is now expected to be approximately the same as 2012 full-year reported GAAP revenue, and up about 1-2 percent in constant currency.

Earlier, the company expected earnings to be in the range of $2.64-$2.79 per share and non-GAAP earnings of $3.05-$3.20.

Analysts now expect full-year 2013 earnings of $3.05 per share and revenue of $2.78 billion.