Teradata Corp. (TDC) Tops Q1 EPS by 22c, Revenues Beat; Raises FY21 EPS Outlook

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Teradata Reports First Quarter 2021 Financial Results

May 6, 2021 4:05 PM EDT

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 period Cash from operations of $110 million, an increase of $100 million from the prior year period Free cash flow of $105 million, an increase of $107 million from the prior year period(2) First-quarter GAAP earnings per diluted share of $0.47 above the previously provided outlook range of $0.11 to $0.13 First-quarter non-GAAP earnings per diluted share of $0.69 above the previously provided outlook range of $0.38 to... More