Teradata (TDC) FY2017 results: revenue $2.2 billion, down 7.1% on the year
Teradata Corp. (TDC) reported revenue of $2.2 billion for fiscal 2017, the year ended 31 December 2017, down 7.1% on the year before. Net income was -$67 million, and diluted earnings per share $-0.53. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2018.
Revenue
$2.2 billion
-7.1% on the year
FY2010FY2017
Operating margin
3.2%
10.1% a year earlier
FY2010FY2017
Net income
-$67 million
FY2010FY2017
Diluted EPS
-$0.53
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
2,156
2,322
2,530
-7.1%
Cost of revenue
1,132
1,133
1,254
-0.1%
Gross profit
1,024
1,188
1,276
-13.8%
Gross margin
47.5%
51.2%
50.4%
Research and development
305
212
228
+43.9%
Selling, general and administrative
652
662
765
-1.5%
Operating income
68.0
235
-195
-71.1%
Operating margin
3.2%
10.1%
-7.7%
Interest expense
15.0
12.0
9.0
+25.0%
Pre-tax income
58.0
221
-144
-73.8%
Income tax
125
96.0
70.0
+30.2%
Effective tax rate
215.5%
43.4%
n/a
Net income
-67.0
125
-214
Net margin
-3.1%
5.4%
-8.5%
Diluted EPS
-$0.53
$0.95
-$1.53
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
324
446
401
-27.4%
Capital expenditure
78.0
53.0
52.0
+47.2%
Free cash flow
246
393
349
-37.4%
Free cash flow margin
11.4%
16.9%
13.8%
Cash from investing
-108
-35.0
-52.0
Cash from financing
-109
-262
-324
Depreciation and amortisation
138
128
170
+7.8%
Share-based compensation
68.0
62.0
56.0
+9.7%
Buybacks
351
82.0
657
+328.0%
Diluted shares, weighted
126m
132m
140m
-4.3%
Shares outstanding at period end
122m
n/a
n/a
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
668
971
849
-31.2%
Short-term borrowings
n/a
0.0
n/a
Debt
778
568
777
+37.0%
Other liabilities
1,110
874
904
+27.0%
Total liabilities and equity
2,556
2,413
2,530
+5.9%
Fixed assets
162
138
143
+17.4%
Goodwill
399
390
380
+2.3%
Intangible assets
23.0
11.0
22.0
+109.1%
Investments
n/a
n/a
0.0
Cash and equivalents
1,089
974
839
+11.8%
Receivables
554
548
580
+1.1%
Inventory
30.0
34.0
49.0
-11.8%
Other assets
299
318
517
-6.0%
Total assets
2,556
2,413
2,530
+5.9%
10-K for the year ended 31 December 2017, filed 23 February 2018: the filing.