Teradata (NYSE: TDC ) reported earnings on Aug. 2. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Teradata met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share expanded.
Gross margins improved, operating margins grew, net margins contracted.
Teradata logged revenue of $665.0 million. The 15 analysts polled by S&P Capital IQ hoped for revenue of $658.8 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $581.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.77. The 17 earnings estimates compiled by S&P Capital IQ predicted $0.65 per share. GAAP EPS of $0.65 for Q2 were 8.3% higher than the prior-year quarter's $0.60 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 57.4%, 300 basis points better than the prior-year quarter. Operating margin was 24.1%, 480 basis points better than the prior-year quarter. Net margin was 16.8%, 90 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $678.7 million. On the bottom line, the average EPS estimate is $0.67.
Next year's average estimate for revenue is $2.70 billion. The average EPS estimate is $2.73.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 584 members out of 614 rating the stock outperform, and 30 members rating it underperform. Among 160 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 155 give Teradata a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Teradata is outperform, with an average price target of $80.29.
Is Teradata playing the right part in the new technology revolution? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.
- Add Teradata to My Watchlist.