TDC FY 2014 Earnings Report — Teradata Corporation Revenue & Financial Results | Market Cap Arena

Teradata CorporationTDC

FY 2014 Earnings

Reported February 27, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$2.7B	—	$2.7B	—	1.5%
Op. Income	$503M	—	$532M	—	-5.5%
Gross Margin	54.1%	—	54.7%	—	-0.6pp
Net Margin	13.4%	—	14.0%	—	-0.6pp
EPS (Diluted)	$2.33	—	$2.27	—	2.6%
Free Cash Flow	$551M	—	$372M	—	48.1%

Revenue Flow

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.3B
GROSS PROFIT	$1.5B
R&D Expenses	$206M
Selling & Marketing	$0
General & Administrative	$770M
SG&A Expenses	$770M
Other Expenses	-$9M
Operating Expenses	$976M
Cost & Expenses	$2.2B
OPERATING INCOME	$503M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$494M
Income Tax Expense	$127M
Net Income from Continuing Ops	$367M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$367M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$367M
D&A	$169M
EBIT	$497M
EBITDA	$663M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.3B
GROSS PROFIT	$1.5B
R&D Expenses	$206M
Selling & Marketing	$0
General & Administrative	$770M
SG&A Expenses	$770M
Other Expenses	-$9M
Operating Expenses	$976M
Cost & Expenses	$2.2B
OPERATING INCOME	$503M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$494M
Income Tax Expense	$127M
Net Income from Continuing Ops	$367M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$367M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$367M
D&A	$169M
EBIT	$497M
EBITDA	$663M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$367M
Depreciation & Amortization	$169M
Stock-Based Compensation	$50M
Deferred Income Tax	-$2M
Other Non-Cash Items	$7M
Change in Working Capital	$89M
OPERATING CASH FLOW	$680M
Capital Expenditure	-$129M
Acquisitions (Net)	-$69M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$198M
Net Debt Issuance	-$26M
Common Stock Repurchased	-$551M
Common Dividends Paid	$0
Other Financing Activities	$251M
NET CASH FROM FINANCING	-$326M
FREE CASH FLOW	$551M
Net Change in Cash	$139M

Balance Sheet

Item	Amount
Cash & Equivalents	$834M
Short-Term Investments	$0
Net Receivables	$619M
Inventory	$38M
Other Current Assets	$81M
TOTAL CURRENT ASSETS	$1.6B
PP&E (Net)	$159M
Goodwill	$948M
Intangible Assets	$335M
Long-Term Investments	$78M
Tax Assets	$20M
Other Non-Current Assets	$20M
TOTAL NON-CURRENT ASSETS	$1.6B
TOTAL ASSETS	$3.1B
Account Payables	$126M
Short-Term Debt	$273M
Deferred Revenue	$370M
Other Current Liabilities	$101M
TOTAL CURRENT LIABILITIES	$995M
Long-Term Debt	$195M
Deferred Revenue NC	$18M
Deferred Tax Liabilities	$86M
Other Non-Current Liabilities	$131M
TOTAL NON-CURRENT LIABILITIES	$430M
TOTAL LIABILITIES	$1.4B
Common Stock	$1M
Additional Paid-In Capital	$1.1B
Retained Earnings	$656M
Treasury Stock	$0
Accum. Other Comp. Income	-$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.7B
Minority Interest	$0
TOTAL EQUITY	$1.7B
TOTAL LIABILITIES & EQUITY	$3.1B
Total Debt	$468M
Net Debt	-$366M