05:41 PM EDT, 05/06/2024 (MT Newswires) -- Teradata ( TDC ) reported Q1 non-GAAP earnings late Monday of $0.57 per diluted share, down from $0.61 a year earlier.

Analysts polled by Capital IQ expected $0.55.

Revenue in the quarter ended March 31 fell to $465 million from $476 million a year earlier. Analysts surveyed by Capital IQ expected $463.9 million.

The company expects Q2 non-GAAP EPS of $0.46 to $0.50. The consensus is for normalized EPS of $0.51.

Teradata ( TDC ) reaffirmed 2024 non-GAAP EPS guidance of $2.15 to $2.31. Analysts are looking for normalized EPS of $2.20. The company continues to expect revenue to grow 0% to 2%.

Teradata ( TDC ) shares fell 6.5% in after-hours activity.

Price: 35.48, Change: -2.48, Percent Change: -6.53