Teradata Reports First Quarter 2021 Financial Results
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Teradata Corp. (TDC) Tops Q1 EPS by 22c, Revenues Beat; Raises FY21 EPS Outlook
May 6, 2021 4:23 PM EDTTeradata Corp. (NYSE: TDC) reported Q1 EPS of $0.69, $0.22 better than the analyst estimate of $0.47. Revenue for the quarter came in at $491 million versus the consensus estimate of $467.72 million.
Public cloud ARR increased by $79 million, or 176% from the prior year period, exceeding the outlook of at least 165% year-over-year(1)First-quarter recurring revenue of $372 million, an increase of 20% from the prior year periodCash from operations of $110 million, an increase of $100 million from the prior year periodFree cash flow of $105 million, an increase of $107 million from the prior year period(2)First-quarter GAAP... More