Teradata ups Americas revenues 14% in Q4

Friday, February 11, 2011

US data warehousing provider Teradata (NYSE: TDC) posted revenues of US$341mn in the Americas for 4Q10, a 14% year-on-year boost, according to financial results released by the company.

For the full 2010, Teradata saw its Americas revenues increase 19% to US$1.17bn.

Globally, Teradata reported net profits of US$85mn during 4Q10, compared with US$84mn in the same quarter last year. Teradata's quarterly revenues grew 10% in 4Q10 to US$548mn.

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For the full year, Teradata recorded global net income of US$301mn, compared with US$254mn in 2009. Revenue in 2010 was up 13% to US$1.94bn, from US$1.71bn the previous year. According to the company, it added the highest number of new customers during the year since 2002.

For 2011, Teradata expects revenues to increase 12-14%.

Use this link to view the full results.