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Stock impact report

Teradata Reports 2018 Second Quarter Results

Teradata Corporation (TDC) 
Last teradata corporation earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
SAN DIEGO, Aug. 2, 2018 /PRNewswire/ -- Teradata Corp. (NYSE: TDC) reported revenue of $544 million for the quarter ended June 30, 2018, a 6 percent increase (4 percent  in constant currency(3)) from the second quarter of 2017. Recurring revenue of $312 million was up 11 percent (10 percent in constant currency(3)) from the second quarter of 2017. Subscription-based transactions contributed 66 percent of new bookings in the quarter, better than Teradata's recently increased full-year expectation of 50-60 percent. Teradata's second quarter year-over-year revenue comparison was benefited by approximately 2 percentage points of foreign currency translation(3). However, this was one percentage point less benefit than assumed when the Company provided guidance on May 3, 2018.  Teradata reported net income of $4 million under U.S. Generally Accepted Accounting Principles (GAAP) in the second quarter of 2018, or $0.03 per diluted share, which compared to a net loss of Show less Read more
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