BRIEF-Teradata Reports Fourth-Quarter Results

Reuters · 02/04/2021 22:52
BRIEF-Teradata Reports Fourth-Quarter Results

- Teradata Corp TDC.N:

  • TERADATA REPORTS FOURTH-QUARTER AND FULL-YEAR 2020 FINANCIAL RESULTS

  • Q4 NON-GAAP EARNINGS PER SHARE $0.38

  • Q4 GAAP EARNINGS PER SHARE $0.04

  • SEES FY 2021 NON-GAAP EARNINGS PER SHARE $1.50 TO $1.58 EXCLUDING ITEMS

  • SEES Q1 NON-GAAP EARNINGS PER SHARE $0.38 TO $0.40 EXCLUDING ITEMS

  • SEES FY 2021 GAAP EARNINGS PER SHARE $0.43 TO $0.51

  • SEES Q1 GAAP EARNINGS PER SHARE $0.11 TO $0.13

  • Q4 EARNINGS PER SHARE ESTIMATE $0.25 -- REFINITIV IBES DATA

  • ANNUAL RECURRING REVENUE (ARR) INCREASED 11% FROM PRIOR YEAR PERIOD

  • PUBLIC CLOUD ARR INCREASED TO $106 MILLION, A 165% INCREASE FROM END OF 2019

  • FOURTH-QUARTER RECURRING REVENUE OF $383 MILLION EXCEEDED COMPANY'S GUIDANCE RANGE

  • FY 2021 TOTAL REVENUE IS EXPECTED TO GROW AT A LOW-SINGLE-DIGIT PERCENTAGE YEAR-OVER-YEAR

  • FY 2021 TOTAL ARR IS EXPECTED TO GROW AT A MID- TO HIGH-SINGLE-DIGIT PERCENTAGE YEAR-OVER-YEAR

  • FY 2021 PUBLIC CLOUD ARR IS EXPECTED TO INCREASE BY AT LEAST 100% YEAR-OVER-YEAR

  • Q1 PUBLIC CLOUD ARR IS EXPECTED TO INCREASE BY AT LEAST 165% YEAR-OVER-YEAR

Source text for Eikon: ID:nBw9vVslWa

Further company coverage: TDC.N


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