Teradata Corp (TDC) Q2 2018 10-Q Quarterly Earnings

Short answer

Teradata Corp (TDC) filed its Q2 2018 10-Q quarterly report on Aug 6, 2018 for the quarter ended Jun 30, 2018.

AI summary of MD&A and risk factor updates

Q2 revenue $544M, up 6% YoY from $513M, led by recurring revenue growth of 11%
Gross margin 46.0% vs 47.2% YoY, pressured by higher hardware mix
Best line recurring revenue, up 11%; worst consulting services, down 4%
Operating income $10M vs $1M loss YoY; net income $4M vs $4M loss
Operating cash flow down $19M year-to-date; $525M offshore cash repatriated, $280M debt repayment and $157M share repurchases

No material 10-Q risk-factor changes provided, so carried-forward risks summarized
Regulatory compliance: Altera decision may increase effective tax rate beginning third quarter
Accounting compliance: Topic 606 adoption changed revenue timing and increased six-month net income by $8 million
Market exposure: Foreign-currency fluctuations affect non-U.S. operations despite forward-contract hedges
Liquidity: Cash fell to $1,089 million after $419 million financing cash outflows in six months

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

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