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Teradata
🇺🇸 NYSE:TDC
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Sep 30, 2022

Teradata Q3 2022 Earnings Report

Teradata's Q3 2022 financial results were announced, revealing growth in public cloud ARR and progress in cloud-first transformation.

Key Takeaways

Teradata reported its third quarter 2022 financial results, with public cloud ARR increasing by 89% to $279 million. The company delivered its second largest cloud growth quarter and took a significant step forward on its cloud-first transformation with the delivery of Teradata VantageCloud Lake and ClearScape Analyticsâ„¢.

Public cloud ARR increased by 89% as reported and 99% in constant currency to $279 million.

Recurring revenue decreased by 6% as reported and 2% in constant currency to $331 million.

GAAP earnings per diluted share were $0.08.

Non-GAAP earnings per diluted share were $0.31.

Total Revenue
$417M
Previous year: $460M
-9.3%
EPS
$0.31
Previous year: $0.43
-27.9%
ARR
$279M
Previous year: $148M
+88.5%
Gross Profit
$259M
Previous year: $275M
-5.8%
Cash and Equivalents
$506M
Previous year: $613M
-17.5%
Free Cash Flow
$31M
Previous year: $23M
+34.8%
Total Assets
$1.82B
Previous year: $2.13B
-14.8%

Teradata

Teradata

Teradata Revenue by Segment

Forward Guidance

For the fourth quarter of 2022, GAAP diluted EPS is expected to be in the range of $0.03 to $0.07, and Non-GAAP diluted EPS is expected to be in the range of $0.28 to $0.32.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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