Teradata Corp. (TDC) Reports In-Line Q1 EPS, Q2 EPS Guidance Falls Short

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Go back to Teradata Corp. (TDC) Reports In-Line Q1 EPS, Q2 EPS Guidance Falls Short

Teradata Reports 2017 First Quarter Results

April 27, 2017 6:55 AM EDT

ATLANTA, April 27, 2017 /PRNewswire/ -- Teradata Corp. (NYSE: TDC) reported revenue of $491 million for the quarter ended March 31, 2017, versus $545 million in the first quarter of 2016. However, revenue in the first quarter of 2016 included $34 million of revenue from the Marketing Applications business that Teradata sold on July 1, 2016.

As reported under U.S. Generally Accepted Accounting Principles (GAAP), Teradata recorded a net loss of $2 million in the first quarter, or... More