Teradata Corp (TDC) Q2 2017 10-Q Quarterly Earnings

Short answer

Teradata Corp (TDC) filed its Q2 2017 10-Q quarterly report on Aug 4, 2017 for the quarter ended Jun 30, 2017.

AI summary of MD&A and risk factor updates

Q2 revenue $513M, down 14% YoY from $599M, product and cloud revenue down 32%
Gross margin 47.2% vs 51.8% YoY, operating loss $1M vs $87M operating income
International revenue up 1% with 47.2% segment margin vs Americas revenue down 17% with 52.8% revenue mix
Operating cash flow down $40M in six months, $30M capital expenditures and $4M capitalized software additions
Outlook: recurring revenue growth high single digits, short-term revenue declines amid cloud and subscription transitions, up to $300M buybacks planned

No material changes to previously disclosed 10-K risk factors
Continued exposure to carried-forward operational, regulatory, market, and financial risks
No newly triggered risk factors identified in the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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