Teradata Corp. (TDC) Misses Q3 EPS by 8c; CEO Steps Down, Co. Guides Lower

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Go back to Teradata Corp. (TDC) Misses Q3 EPS by 8c; CEO Steps Down, Co. Guides Lower

Teradata Reports Third Quarter 2019 Financial Results

November 7, 2019 4:11 PM EST

Recurring revenue increased 10%, 11% in constant currency, from the third quarter of 2018(1) Annual recurring revenue (ARR) increased 12%, 14% in constant currency, year-over-year(1) Subscription-based bookings mix increased more than expected to 90% in the third quarter

SAN DIEGO--(BUSINESS WIRE)-- Teradata Corp. (NYSE: TDC) continues its successful transformation to a recurring revenue model with subscription-based transactions comprising... More