Teradata Corp. (TDC) Tops Q2 EPS by 7c, Revenues Beat; Offers FY18 EPS/Revenue Outlook Below Consensus
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Teradata Reports 2018 Second Quarter Results
August 2, 2018 4:15 PM EDTSAN 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.
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