Teradata Corp. (TDC) Tops Q2 EPS by 2c, Revenues Beat; Offers 3Q EPS Guidance Above Consensus, 3Q Revenue Outlook Below Consensus

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Go back to Teradata Corp. (TDC) Tops Q2 EPS by 2c, Revenues Beat; Offers 3Q EPS Guidance Above Consensus, 3Q Revenue Outlook Below Consensus

Teradata Reports Second Quarter 2020 Financial Results

August 6, 2020 4:05 PM EDT

Second-quarter results exceeded Company expectations on key revenue, profit and cash flow metrics Annual Recurring Revenue (ARR) increased 8% reported and 9% in constant currency(1) from the same period of the prior year Second-quarter recurring revenue of $358 million exceeded Companys guidance range In the second quarter, operating cash flow improved to $130 million and free cash flow totaled $115 million(2)

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