Teradata Corp. (TDC) Tops Q3 EPS by 5c, Revenues Miss; Offers FY18 EPS/Revenue Outlook
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Teradata Reports 2018 Third Quarter Results
November 1, 2018 4:17 PM EDTSAN DIEGO, Nov. 1, 2018 /PRNewswire/ -- Teradata Corp. (NYSE: TDC) reported revenue of $526 million for the quarter ended September 30, 2018, the same as reported in the third quarter of 2017 (up 2 percent in constant currency(1)). Recurring revenue of $312 million was up 7 percent (up 9 percent in constant currency(1)) from the third quarter of 2017. Subscription-based transactions contributed 82 percent of the company's bookings mix in the quarter, higher than anticipated and better than Teradata's recently increased full-year expectation of 65-70 percent. Currency movement during the third quarter resulted in 1.5... More
