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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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