Teradata Corp. (TDC) Tops Q4 EPS by 5c, Guidance Misses

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Go back to Teradata Corp. (TDC) Tops Q4 EPS by 5c, Guidance Misses

Teradata Reports Strong Fourth Quarter 2018 Financial Results

February 7, 2019 4:15 PM EST

Successful execution of strategy fuels strong fourth quarter Bookings mix was 87 percent subscription-based in fourth quarter, 79 percent for full year Better than expected recurring revenue in fourth quarter, full-year recurring revenue growth of 10 percent Fourth-quarter revenue of $588 million exceeds $555 million to $575 million guidance range Full-year annual recurring revenue (ARR) growth of 10 percent (12 percent in constant currency(1)) Better than expected cash from operations and free cash flow(2)

SAN DIEGO--(BUSINESS WIRE)-- Teradata Corp. (NYSE:... More