TDC FY 2013 Earnings Report — Teradata Corporation Revenue & Financial Results | Market Cap Arena

Teradata CorporationTDC

FY 2013 Earnings

Reported February 27, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$2.7B	—	$2.7B	—	1.0%
Op. Income	$532M	—	$580M	—	-8.3%
Gross Margin	54.7%	—	55.9%	—	-1.2pp
Net Margin	14.0%	—	15.7%	—	-1.7pp
EPS (Diluted)	$2.27	—	$2.44	—	-7.0%
Free Cash Flow	$372M	—	$427M	—	-12.9%

Revenue Flow

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.2B
GROSS PROFIT	$1.5B
R&D Expenses	$184M
Selling & Marketing	$0
General & Administrative	$757M
SG&A Expenses	$757M
Other Expenses	$0
Operating Expenses	$941M
Cost & Expenses	$2.2B
OPERATING INCOME	$532M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$24M
INCOME BEFORE TAX	$508M
Income Tax Expense	$131M
Net Income from Continuing Ops	$377M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$377M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$377M
D&A	$147M
EBIT	$512M
EBITDA	$655M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.2B
GROSS PROFIT	$1.5B
R&D Expenses	$184M
Selling & Marketing	$0
General & Administrative	$757M
SG&A Expenses	$757M
Other Expenses	$0
Operating Expenses	$941M
Cost & Expenses	$2.2B
OPERATING INCOME	$532M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$24M
INCOME BEFORE TAX	$508M
Income Tax Expense	$131M
Net Income from Continuing Ops	$377M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$377M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$377M
D&A	$147M
EBIT	$512M
EBITDA	$655M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$377M
Depreciation & Amortization	$147M
Stock-Based Compensation	$49M
Deferred Income Tax	$18M
Other Non-Cash Items	$18M
Change in Working Capital	-$99M
OPERATING CASH FLOW	$510M
Capital Expenditure	-$138M
Acquisitions (Net)	-$36M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$174M
Net Debt Issuance	-$15M
Common Stock Repurchased	-$382M
Common Dividends Paid	$0
Other Financing Activities	$35M
NET CASH FROM FINANCING	-$362M
FREE CASH FLOW	$372M
Net Change in Cash	-$34M

Balance Sheet

Item	Amount
Cash & Equivalents	$695M
Short-Term Investments	$0
Net Receivables	$717M
Inventory	$56M
Other Current Assets	$95M
TOTAL CURRENT ASSETS	$1.6B
PP&E (Net)	$161M
Goodwill	$946M
Intangible Assets	$344M
Long-Term Investments	$0
Tax Assets	$24M
Other Non-Current Assets	$58M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$3.1B
Account Payables	$114M
Short-Term Debt	$26M
Deferred Revenue	$390M
Other Current Liabilities	$110M
TOTAL CURRENT LIABILITIES	$776M
Long-Term Debt	$248M
Deferred Revenue NC	$25M
Deferred Tax Liabilities	$87M
Other Non-Current Liabilities	$103M
TOTAL NON-CURRENT LIABILITIES	$463M
TOTAL LIABILITIES	$1.2B
Common Stock	$2M
Additional Paid-In Capital	$973M
Retained Earnings	$2.0B
Treasury Stock	-$1.2B
Accum. Other Comp. Income	$33M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.9B
Minority Interest	$0
TOTAL EQUITY	$1.9B
TOTAL LIABILITIES & EQUITY	$3.1B
Total Debt	$248M
Net Debt	-$447M