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What: Shares of Teradata
So what: Fourth-quarter revenue added up to $673 million, leaving the $638.1 million consensus estimate in the dust and analysts scratching their heads. Bottom-line earnings per share also registered a beat at $0.66 compared with the $0.62 expectation.
Now what: Teradata has also authorized a new $300 million share repurchase program. CEO Mike Koehler said, "Teradata finished the year strong, resulting in our best quarter and best year ever." Looking forward, the company expects full year earnings per share of between $2.56 and $2.66. With figures like these, it's no wonder this stock is an official Fool recommendation.
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Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. Motley Fool newsletter services have recommended buying shares of Teradata. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.