TDC FY 2018 Earnings Report — Teradata Corporation Revenue & Financial Results | Market Cap Arena

Teradata CorporationTDC

FY 2018 Earnings

Reported February 25, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$2.2B	—	$2.2B	—	0.4%
Op. Income	$43M	—	$64M	—	-32.8%
Gross Margin	47.4%	—	47.4%	—	0.0pp
Net Margin	1.4%	—	-3.1%	—	4.5pp
EPS (Diluted)	$0.25	—	$-0.53	—	147.2%
Free Cash Flow	$204M	—	$237M	—	-13.9%

Revenue Flow

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.1B
GROSS PROFIT	$1.0B
R&D Expenses	$317M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$666M
Other Expenses	$0
Operating Expenses	$983M
Cost & Expenses	$2.1B
OPERATING INCOME	$43M
Interest Income	$14M
Interest Expense	$22M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$27M
Income Tax Expense	-$3M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$30M
D&A	$129M
EBIT	$49M
EBITDA	$178M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.1B
GROSS PROFIT	$1.0B
R&D Expenses	$317M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$666M
Other Expenses	$0
Operating Expenses	$983M
Cost & Expenses	$2.1B
OPERATING INCOME	$43M
Interest Income	$14M
Interest Expense	$22M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$27M
Income Tax Expense	-$3M
Net Income from Continuing Ops	$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$30M
D&A	$129M
EBIT	$49M
EBITDA	$178M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$30M
Depreciation & Amortization	$130M
Stock-Based Compensation	$65M
Deferred Income Tax	-$18M
Other Non-Cash Items	$0
Change in Working Capital	$157M
OPERATING CASH FLOW	$364M
Capital Expenditure	-$160M
Acquisitions (Net)	-$3M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$163M
Net Debt Issuance	-$285M
Common Stock Repurchased	-$300M
Common Dividends Paid	$0
Other Financing Activities	$31M
NET CASH FROM FINANCING	-$554M
FREE CASH FLOW	$204M
Net Change in Cash	-$373M

Balance Sheet

Item	Amount
Cash & Equivalents	$715M
Short-Term Investments	$0
Net Receivables	$588M
Inventory	$28M
Other Current Assets	$97M
TOTAL CURRENT ASSETS	$1.4B
PP&E (Net)	$295M
Goodwill	$395M
Intangible Assets	$88M
Long-Term Investments	$0
Tax Assets	$67M
Other Non-Current Assets	$87M
TOTAL NON-CURRENT ASSETS	$932M
TOTAL ASSETS	$2.4B
Account Payables	$141M
Short-Term Debt	$19M
Deferred Revenue	$490M
Other Current Liabilities	$108M
TOTAL CURRENT LIABILITIES	$1.0B
Long-Term Debt	$478M
Deferred Revenue NC	$105M
Deferred Tax Liabilities	$3M
Other Non-Current Liabilities	$240M
TOTAL NON-CURRENT LIABILITIES	$856M
TOTAL LIABILITIES	$1.9B
Common Stock	$1M
Additional Paid-In Capital	$1.4B
Retained Earnings	-$823M
Treasury Stock	$0
Accum. Other Comp. Income	-$101M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$495M
Minority Interest	$0
TOTAL EQUITY	$495M
TOTAL LIABILITIES & EQUITY	$2.4B
Total Debt	$544M
Net Debt	-$171M