Shares of Teradata (NYSE:TDC) moved higher by 5.36% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 17.24% year over year to $0.24, which beat the estimate of $0.22.

Revenue of $457,000,000 decreased by 4.39% from the same period last year, which beat the estimate of $436,890,000.

Outlook

For the third quarter of 2020, Teradata expects recurring revenue between $359 million and $361 million.

GAAP loss / earnings per share in the third quarter of 2020 is expected to be in the range of $(0.03) and $0.00. Non-GAAP earnings per share, excluding stock-based compensation expense and other special items, in the third quarter is expected to be in the $0.28 to $0.31 range.

How To Listen To The Conference Call

Date: Aug 06, 2020

Time: 05:00 PM

Recent Stock Performance

Company's 52-week high was at $35.86

52-week low: $17.62

Price action over last quarter: down 12.26%

Company Description