Teradata (TDC) Misses Q1 EPS by 12c

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Teradata Reports 2015 First Quarter Results

May 7, 2015 6:55 AM UTC

ATLANTA, May 7, 2015 /PRNewswire/ -- Teradata Corp. (NYSE: TDC) reported revenue of $582 million for the quarter ended March 31, 2015, versus $628 million reported in the first quarter of 2014. Revenue in the first quarter decreased 7 percent, and 2 percent when compared in constant currency.(1)

Gross margin in the first quarter was 47.6 percent, as reported under U.S. Generally Accepted Accounting Principles (GAAP), versus 53.0 percent in the first quarter of 2014. On a non-GAAP basis,... More