Teradata’s stock steadily climbs on results in line with analyst forecasts

Teradata Corp.’s
TDC,
+2.34%
stock inched up 1% in extended trading Monday after the company reported quarterly results in line with analyst revenue and earnings estimates. Teradata reported fiscal third-quarter net income of $12 million, or 12 cents a share, compared with net income of $8 million, or 8 cents a share, in the same quarter a year earlier. Adjusted earnings were 42 cents a share. Revenue was $438 million, compared with $417 million a year ago. Analysts surveyed by FactSet had expected on average net earnings of 42 cents a share on revenue of $436 million. Shares of Teradata have slid 34% this year, while the broader S&P 500 index
SPX,
+0.20%
has increased 14%.