Teradata Corp. (TDC) Tops Q1 EPS by 2c; offers guidance

Teradata Corp. (NYSE: TDC) reported Q1 EPS of $0.57, $0.02 better than the analyst estimate of $0.55. Revenue for the quarter came in at $465 million versus the consensus estimate of $465.49 million.

GUIDANCE:

Teradata Corp. sees Q2 2024 EPS of $0.46-$0.50, versus the consensus of $0.50.

Teradata Corp. sees FY2024 EPS of $2.15-$2.31, versus the consensus of $2.20.

For the full-year 2024, Teradata retains the following ranges:

Total ARR growth of 4% to 8% year-over-year, in constant currency(4)
Recurring revenue growth of 1% to 3% year-over-year, in constant currency(4)
Total revenue growth of 0% to 2% year-over-year, in constant currency(4)
Public cloud ARR growth of 35% to 41% year-over-year, in constant currency(4)
Cash flow from operations of $360 million to $400 million
Free cash flow of $340 million to $380 million(3)
Non-GAAP diluted EPS is expected to be in the range of $2.15 to $2.31 per share(2)

For earnings history and earnings-related data on Teradata Corp. (TDC) click here.

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