NYSE$TDC
Teradata Corp · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Teradata's Q1 2023 financial results were reported, demonstrating growth in public cloud ARR and a large deal closure.
Teradata reported a 4% decrease in total revenue, but experienced an 86% increase in public cloud ARR and a 6% increase in total ARR. The company reaffirmed its full-year outlook for key metrics.
- Public cloud ARR increased by 86% to $388 million.
- Total ARR grew by 6% to $1.506 billion.
- Total revenue decreased by 4% to $476 million.
- GAAP EPS was reported at $0.39, while Non-GAAP EPS reached $0.61.
Headline financials
Revenue & EPS history
Teradata · Revenue · Quarterly
$476M
Revenue by segment
Teradata · $74M total across 1 segment · Q1 2023
- Consulting$74M-11.9%100.0%
Forward guidance
Teradata provided guidance for the second quarter of 2023 and reaffirmed its full-year 2023 outlook, updating the EPS and cash flow from operations guidance.
Tailwinds
- GAAP diluted EPS is expected to be in the range of $0.14 to $0.18 for Q2 2023.
- Non-GAAP diluted EPS is expected to be in the range of $0.43 to $0.47 for Q2 2023.
- Public cloud ARR is expected to increase in the range of 53% to 57% year-over-year for full year 2023.
- Total ARR is expected to increase in the range of 6% to 8% year-over-year for full year 2023.
- Recurring revenue is expected to increase in the range of 4% to 7% year-over-year for full year 2023.
Headwinds
- GAAP diluted EPS is narrowed to be in the range of $0.65 to $0.77 for the full year 2023.
- Non-GAAP diluted EPS is narrowed to be in the range of $1.92 to $2.04 for the full year 2023.
- Cash flow from operations is now expected to be in the range of $340 million to $380 million for the full year 2023.
- Total revenue is expected to increase in the range of 1% to 4% year-over-year for full year 2023.
- Free cash flow is expected to be in the range of $320 million to $360 million for the full year 2023.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
-1.1%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+0.2%
Avg return
30 days after
42%
29 / 69 earnings
Positive
+34.6%
Q4 2020
Best reaction
-22.0%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.7% | +7.3% | +11.8% | |
| Q4 2025 | +29.6% | +14.8% | -9.1% | |
| Q3 2025 | +32.6% | +34.8% | +44.2% | |
| Q1 2025 | +1.8% | +7.5% | +2.0% | |
| Q4 2024 | -20.3% | -19.7% | -26.5% | |
| Q3 2024 | -14.3% | -10.1% | -4.2% | |
| Q2 2024 | -17.8% | -14.8% | -8.3% | |
| Q1 2024 | -12.1% | -11.3% | -13.7% | |
| Q4 2023 | -22.0% | -23.7% | -22.3% | |
| Q3 2023 | +2.5% | +4.9% | +4.0% | |
| Q2 2023 | -17.3% | -19.3% | -19.6% | |
| Q1 2023 | +8.3% | +7.0% | +18.3% | |
| Q4 2022 | +18.6% | +20.8% | +8.5% | |
| Q3 2022 | +4.8% | +11.0% | +11.8% | |
| Q2 2022 | -7.3% | -10.0% | -16.9% | |
| Q1 2022 | -13.7% | -17.2% | -7.8% | |
| Q4 2021 | +21.8% | +19.9% | +8.9% | |
| Q3 2021 | -13.6% | -10.9% | -26.7% | |
| Q2 2021 | -3.1% | +3.0% | +14.4% | |
| Q1 2021 | -17.1% | -17.6% | -0.4% | |
| Q4 2020 | +34.6% | +95.2% | +50.0% | |
| Q3 2020 | +6.8% | +4.9% | +17.5% | |
| Q2 2020 | +19.5% | +17.3% | +9.6% | |
| Q1 2020 | +2.8% | -7.7% | -3.5% | |
| Q4 2019 | -5.1% | -6.7% | -13.7% | |
| Q3 2019 | -16.0% | -14.5% | -13.1% | |
| Q2 2019 | -9.9% | -8.6% | -15.7% | |
| Q1 2019 | -11.2% | -14.5% | -22.5% | |
| Q4 2018 | -1.9% | -0.8% | +1.5% | |
| Q3 2018 | -1.7% | +0.1% | +3.4% | |
| Q2 2018 | +0.3% | +4.5% | +9.1% | |
| Q1 2018 | -6.7% | -3.8% | -2.7% | |
| Q4 2017 | -12.7% | -9.7% | +5.7% | |
| Q3 2017 | +8.4% | +4.0% | +13.3% | |
| Q2 2017 | +7.2% | +10.5% | +5.0% | |
| Q1 2017 | -8.8% | -9.0% | -10.6% | |
| Q4 2016 | +5.0% | +4.6% | +4.0% | |
| Q3 2016 | -10.4% | -9.9% | -9.1% | |
| Q2 2016 | +8.0% | +11.1% | +10.8% | |
| Q1 2016 | +15.3% | — | — | |
| Q4 2015 | -0.6% | — | — | |
| Q3 2015 | -3.2% | — | — | |
| Q2 2015 | -17.3% | — | — | |
| Q1 2015 | -9.1% | — | — | |
| Q4 2014 | -11.4% | — | — | |
| Q3 2014 | +4.0% | — | — | |
| Q2 2014 | -1.3% | — | — | |
| Q1 2014 | -9.9% | — | — | |
| Q4 2013 | -0.3% | — | — | |
| Q3 2013 | -3.2% | — | — | |
| Q2 2013 | +7.2% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2012 | -5.7% | — | — | |
| Q3 2012 | -7.7% | — | — | |
| Q2 2012 | +10.0% | — | — | |
| Q1 2012 | +1.3% | — | — | |
| Q4 2011 | +1.7% | — | — | |
| Q3 2011 | -3.0% | — | — | |
| Q2 2011 | +0.4% | — | — | |
| Q1 2010 | +1.5% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2010 | -0.5% | — | — | |
| Q4 2008 | -0.5% | — | — | |
| Q1 2009 | -0.5% | — | — | |
| Q3 2010 | +2.0% | — | — | |
| Q3 2009 | +2.0% | — | — | |
| Q4 2009 | -5.3% | — | — | |
| Q2 2009 | -5.3% | — | — | |
| Q2 2010 | -5.3% | — | — |
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