Teradata Corp. (NYSE: TDC) reported Q1 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter came in at $468 million versus the consensus estimate of $487.72 million.

• Recurring revenue increased 10 percent, 13 percent in constant currency(1), from the first quarter of 2018
• Annual Recurring Revenue (ARR) increased 9 percent, 12 percent in constant currency(1), year-over-year
• First-quarter earnings per share (EPS) exceeded company guidance
• Teradata maintains its full-year guidance for 2019

“In the first quarter, Teradata continued its strong momentum, backed by increasing demand for Teradata Vantage™, our game-changing platform that is helping the world’s leading enterprises get the answers they need for their toughest analytic challenges,” said Oliver Ratzesberger, President and CEO, Teradata. “I am extremely proud of our people as they accelerate the pace of transformation at Teradata and remain committed to delivering long-term value to our customers and shareholders.”

GUIDANCE:

Teradata Corp. sees Q2 2019 EPS of $0.28-$0.30, versus the consensus of $0.34.

Teradata Corp. sees FY2019 EPS of $1.45-$1.55, versus the consensus of $1.49.

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