Teradata Reports Second Quarter 2020 Financial Results
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Teradata Corp. (TDC) Tops Q2 EPS by 2c, Revenues Beat; Offers 3Q EPS Guidance Above Consensus, 3Q Revenue Outlook Below Consensus
August 6, 2020 4:31 PM EDTTeradata Corp. (NYSE: TDC) reported Q2 EPS of $0.24, $0.02 better than the analyst estimate of $0.22. Revenue for the quarter came in at $457 million versus the consensus estimate of $436.89 million.
Second-quarter results exceeded Company expectations on key revenue, profit and cash flow metricsAnnual Recurring Revenue (ARR) increased 8% reported and 9% in constant currency(1) from the same period of the prior yearSecond-quarter recurring revenue of $358 million exceeded Companys guidance rangeIn the... More