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Teradata Expects Revenue Growth in 2008



By AP
12 February 2008 @ 10:01 am EST

MIAMISBURG, Ohio - Database manager Teradata Corp. on Tuesday said it expects earnings and revenue to rise in 2008 on higher demand for its enterprise data warehousing and enterprise analytics services.

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The company predicts net income of $1.35 to $1.45 per share on revenue growth of 5 percent to 8 percent.

In 2007, the company earned $1.10 per share, or $1.24 per share excluding one-time items.

Teradata spun off from NCR Corp. on Sept. 30.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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