Teradata: 4Q Earnings Snapshot

SAN DIEGO (AP) _ Teradata Corp. (TDC) on Thursday reported fourth-quarter net income of $5 million, after reporting a loss in the same period a year earlier.

The San Diego-based company said it had profit of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 38 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.

The data management company posted revenue of $491 million in the period.

For the year, the company reported net income of $129 million, or $1.16 per share, swinging to a profit in the period. Revenue was reported as $1.84 billion.

For the current quarter ending in April, Teradata expects its per-share earnings to range from 38 cents to 40 cents.

The company expects full-year earnings in the range of $1.50 to $1.58 per share.

Teradata shares have increased 20% since the beginning of the year, while the Standard & Poor's 500 index has climbed 3%. In the final minutes of trading on Thursday, shares hit $27.05, a rise of 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDC at https://www.zacks.com/ap/TDC