Teradata (TDC) FY2018 results: revenue $2.2 billion, up 0.4% on the year
Teradata Corp. (TDC) reported revenue of $2.2 billion for fiscal 2018, the year ended 31 December 2018, up 0.4% on the year before. Net income was $30 million, and diluted earnings per share $0.25. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2019.
Revenue
$2.2 billion
+0.4% on the year
FY2011FY2018
Operating margin
2.0%
3.2% a year earlier
FY2011FY2018
Net income
$30 million
FY2011FY2018
Diluted EPS
$0.25
FY2011FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Revenue
2,164
2,156
2,322
+0.4%
Cost of revenue
1,138
1,132
1,133
+0.5%
Gross profit
1,026
1,024
1,188
+0.2%
Gross margin
47.4%
47.5%
51.2%
Research and development
317
305
212
+3.9%
Selling, general and administrative
666
652
662
+2.1%
Operating income
43.0
68.0
235
-36.8%
Operating margin
2.0%
3.2%
10.1%
Interest expense
22.0
15.0
12.0
+46.7%
Pre-tax income
27.0
58.0
221
-53.4%
Income tax
-3.0
125
96.0
Effective tax rate
-11.1%
215.5%
43.4%
Net income
30.0
-67.0
125
Net margin
1.4%
-3.1%
5.4%
Diluted EPS
$0.25
-$0.53
$0.95
$ 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
FY2018
FY2017
FY2016
On the year
Last 8 years
Operating cash flow
364
324
446
+12.3%
Capital expenditure
153
78.0
53.0
+96.2%
Free cash flow
211
246
393
-14.2%
Free cash flow margin
9.8%
11.4%
16.9%
Cash from investing
-163
-108
-35.0
Cash from financing
-554
-109
-262
Depreciation and amortisation
130
138
128
-5.8%
Share-based compensation
65.0
68.0
62.0
-4.4%
Buybacks
300
351
82.0
-14.5%
Diluted shares, weighted
121m
126m
132m
-3.7%
Shares outstanding at period end
117m
122m
n/a
-4.2%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
495
668
971
-25.9%
Short-term borrowings
0.0
n/a
0.0
Debt
497
778
568
-36.1%
Operating lease liabilities
0.0
n/a
n/a
Finance lease liabilities
30.0
n/a
n/a
Other liabilities
1,338
1,110
874
+20.5%
Total liabilities and equity
2,360
2,556
2,413
-7.7%
Fixed assets
295
162
138
+82.1%
Goodwill
395
399
390
-1.0%
Intangible assets
16.0
23.0
11.0
-30.4%
Cash and equivalents
715
1,089
974
-34.3%
Receivables
588
554
548
+6.1%
Inventory
28.0
30.0
34.0
-6.7%
Other assets
323
299
318
+8.0%
Total assets
2,360
2,556
2,413
-7.7%
10-K for the year ended 31 December 2018, filed 26 February 2019: the filing.