Teradata Corp Q3 2021 Earnings Call Summary - Thomson StreetEvents

Teradata Corp Q3 2021 Earnings Call Summary

Teradata Corp Q3 2021 Earnings Call Summary - Thomson StreetEvents
Teradata Corp Q3 2021 Earnings Call Summary
Published Nov 04, 2021
16 pages (8768 words) — Published Nov 04, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of TDC.N earnings conference call or presentation 4-Nov-21 9:00pm GMT

  
Brief Excerpt:

...A. Overview: At Investor Day, provided some fresh insights into Co.'s strategic direction, differentiated product and value proposition and financial model. 1. 2. Continued transformation journey, executing Co.'s strategy as cloud-first profitable growth Co. 3. Met expectations for revenue. 4. Recurring revenue, as a percentage of total revenue, increased approx. 5 percentage points YoverY and is now approaching 80%. This is meaningful because recurring revenue provides for predictable and durable streams of cash flow. a. 5. GAAP and non-GAAP EPS was above expectations. 6. Public cloud ARR was $148m. This was substantial 83% growth rate over 3Q20. a. b. Had handful of large deals slip out of last day of 3Q21 into 4Q21, related to customer timing. c. Already completed transactions that more than cover $7m that Co. expected in 3Q21. d. Co. has closed most and is confident will close all of these transactions in 4Q21. 7. Continues to build upon Co.'s execution engine which delivered more cloud...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Teradata Corp
Ticker
TDC.N
Time
9:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Matthew George Hedberg - RBC Capital Markets, Research Division - Analyst : Steve, 1 for you. I mean I think the success in new logo wins is really great to see. And I guess as you start to think about a reopening situation, obviously, I think we've all sort of thrived in hybrid-work environment. But how do you think about your reps getting out in the field to a greater extent? I mean do you think that could have a positive impact on on new business trends, certainly, it could also help upsell, but could that help with new business pipeline even to a greater extent?

Question: Matthew George Hedberg - RBC Capital Markets, Research Division - Analyst : Got it. Okay. That's helpful. And then obviously, you guys aren't much of a hardware model these days. But I have to ask about the supply chain piece. I mean still on-premise deals, customers might be trying to procure additional hardware. Did you guys notice anything from that perspective in this quarter? Or have you contemplated that in your fourth quarter outlook?

Table Of Contents

Teradata Corp Q4 2021 Earnings Call Summary – 2022-02-07 – US$ 54.00 – Edited Brief of TDC.N earnings conference call or presentation 7-Feb-22 10:00pm GMT

Teradata Corp Q4 2021 Earnings Call Transcript – 2022-02-07 – US$ 54.00 – Edited Transcript of TDC.N earnings conference call or presentation 7-Feb-22 10:00pm GMT

Teradata Corp at Credit Suisse Technology, Media & Telecom Conference Transcript – 2021-11-30 – US$ 54.00 – Edited Transcript of TDC.N presentation 30-Nov-21 4:30pm GMT

Teradata Corp at RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference (Virtual) Transcript – 2021-11-17 – US$ 54.00 – Edited Transcript of TDC.N presentation 17-Nov-21 3:15pm GMT

Teradata Corp Q3 2021 Earnings Call Transcript – 2021-11-04 – US$ 54.00 – Edited Transcript of TDC.N earnings conference call or presentation 4-Nov-21 9:00pm GMT

Teradata Corp at Citi Global Technology Virtual Conference Transcript – 2021-09-14 – US$ 54.00 – Edited Transcript of TDC.N presentation 14-Sep-21 2:30pm GMT

Teradata Corp Investor Day Transcript – 2021-09-09 – US$ 54.00 – Edited Transcript of TDC.N corporate analyst meeting</ 9-Sep-21 6:30pm GMT

Teradata Corp Q2 2021 Earnings Call Summary – 2021-08-05 – US$ 54.00 – Edited Brief of TDC.N earnings conference call or presentation 5-Aug-21 9:00pm GMT

Teradata Corp Q2 2021 Earnings Call Transcript – 2021-08-05 – US$ 54.00 – Edited Transcript of TDC.N earnings conference call or presentation 5-Aug-21 9:00pm GMT

Teradata Corp at Sanford C Bernstein Strategic Decisions Conference (Virtual) Transcript – 2021-06-02 – US$ 54.00 – Edited Transcript of TDC.N presentation 2-Jun-21 3:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Teradata Corp Q3 2021 Earnings Call Summary" Nov 04, 2021. Alacra Store. May 21, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-Teradata-Corp-Earnings-Call-B15007847>
  
APA:
Thomson StreetEvents. (2021). Teradata Corp Q3 2021 Earnings Call Summary Nov 04, 2021. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-Teradata-Corp-Earnings-Call-B15007847>
  
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