Teradata Reports Fourth-Quarter and Full-Year 2020 Financial Results

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Teradata Corp. (TDC) Climbs 17%

February 9, 2021 9:46 AM EST

Teradata Corp. (NYSE: TDC) Climbs 17%

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Teradata Corp. (TDC) Tops Q4 EPS by 13c, Revenues Beat; Offers 1Q EPS Guidance Above Consensus, FY21 EPS Mid-Point Guidance Above Consensus

February 4, 2021 4:18 PM EST

Teradata Corp. (NYSE: TDC) reported Q4 EPS of $0.38, $0.13 better than the analyst estimate of $0.25. Revenue for the quarter came in at $491 million versus the consensus estimate of $475.35 million.

Fourth-Quarter 2020 Financial Highlights compared to Fourth Quarter 2019

ARR increased 11% reported and 9% in constant currency to $1.587 billion from $1.427 billion(1)Public cloud ARR increased 165% reported and 159% in constant currency to $106 million from $40 million(1)Recurring revenue was $383 million versus $350 million, an increase of 9% reported and 8% in constant currency, and exceeded the Companys guidance of $371 million to $373 million(1)GAAP gross margin was 57.8% versus... More