“Teradata delivered our highest organic, constant-currency revenue growth quarter ever in the first quarter, fueled by record product revenue growth of 31 percent,” Mike Koehler, Teradata president and chief executive, said in a statement. “We have the widest and deepest portfolio in the market to address the analytic data needs of any organization. Teradata is well positioned in three large and growing markets — data warehousing, big data analytics and integrated marketing management.”
Koehler added that data and analytics are growing priorities for C-level executives, so the company raised its 2012 full-year revenue growth guidance. The company is increasing its guidance to 12 to 14 percent from its original guidance of 10 to 12 percent. Earnings per share are now expected to be in the $2.24 to $2.34 range, the company said.
Based in Miami Twp., Teradata has about 400 Dayton-area employees and about 8,000 globally.
In pre-market trading, Yahoo Finance put shares of Teradata (NYSE: TDC) up more than 5 percent, an increase of $3.81 per share. The shares closed Wednesday at $72.19.
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