TDC FY 2008 Earnings Report — Teradata Corporation Revenue & Financial Results | Market Cap Arena

Teradata CorporationTDC

FY 2008 Earnings

Reported March 2, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2008	Prior Q	FY 2007	QoQ Change	YoY Change
Revenue	$1.8B	—	$1.7B	—	3.5%
Op. Income	$333M	—	$320M	—	4.1%
Gross Margin	53.9%	—	53.8%	—	0.0pp
Net Margin	14.2%	—	11.8%	—	2.4pp
EPS (Diluted)	$1.39	—	$1.10	—	26.4%
Free Cash Flow	$367M	—	$287M	—	27.9%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$813M
GROSS PROFIT	$949M
R&D Expenses	$108M
Selling & Marketing	$0
General & Administrative	$508M
SG&A Expenses	$508M
Other Expenses	$0
Operating Expenses	$616M
Cost & Expenses	$1.4B
OPERATING INCOME	$333M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	$338M
Income Tax Expense	$88M
Net Income from Continuing Ops	$250M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$250M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$250M
D&A	$60M
EBIT	$333M
EBITDA	$388M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$813M
GROSS PROFIT	$949M
R&D Expenses	$108M
Selling & Marketing	$0
General & Administrative	$508M
SG&A Expenses	$508M
Other Expenses	$0
Operating Expenses	$616M
Cost & Expenses	$1.4B
OPERATING INCOME	$333M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	$338M
Income Tax Expense	$88M
Net Income from Continuing Ops	$250M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$250M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$250M
D&A	$60M
EBIT	$333M
EBITDA	$388M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$250M
Depreciation & Amortization	$60M
Stock-Based Compensation	$21M
Deferred Income Tax	$38M
Other Non-Cash Items	$2M
Change in Working Capital	$69M
OPERATING CASH FLOW	$440M
Capital Expenditure	-$73M
Acquisitions (Net)	$0
Purchases of Investments	-$90M
Sales/Maturities of Investments	$50M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$136M
Net Debt Issuance	$0
Common Stock Repurchased	-$176M
Common Dividends Paid	$0
Other Financing Activities	$9M
NET CASH FROM FINANCING	-$167M
FREE CASH FLOW	$367M
Net Change in Cash	$132M

Balance Sheet

Item	Amount
Cash & Equivalents	$402M
Short-Term Investments	$40M
Net Receivables	$451M
Inventory	$44M
Other Current Assets	$78M
TOTAL CURRENT ASSETS	$1.0B
PP&E (Net)	$88M
Goodwill	$110M
Intangible Assets	$80M
Long-Term Investments	$0
Tax Assets	$109M
Other Non-Current Assets	$29M
TOTAL NON-CURRENT ASSETS	$416M
TOTAL ASSETS	$1.4B
Account Payables	$99M
Short-Term Debt	$0
Deferred Revenue	$255M
Other Current Liabilities	$186M
TOTAL CURRENT LIABILITIES	$540M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$113M
TOTAL NON-CURRENT LIABILITIES	$113M
TOTAL LIABILITIES	$653M
Common Stock	$2M
Additional Paid-In Capital	$572M
Retained Earnings	$329M
Treasury Stock	-$137M
Accum. Other Comp. Income	$11M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$777M
Minority Interest	$0
TOTAL EQUITY	$777M
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$0
Net Debt	-$402M