Teradata Issues Financials for Second Quarter of 2019
August 01, 2019
August 01, 2019
DAYTON, Ohio, Aug. 1 -- Teradata, a data analytics and marketing applications company, issued the following news release:
Teradata Corp. (NYSE: TDC) continues its successful transformation to a recurring revenue model with subscription-based transactions comprising 90 percent of the company's bookings mix in the second quarter. Recurring revenue increased 8 percent, 11 percent in constant currency(1), from the second quarter of 2018. Annual recurring revenue ("ARR") increa . . .
Teradata Corp. (NYSE: TDC) continues its successful transformation to a recurring revenue model with subscription-based transactions comprising 90 percent of the company's bookings mix in the second quarter. Recurring revenue increased 8 percent, 11 percent in constant currency(1), from the second quarter of 2018. Annual recurring revenue ("ARR") increa . . .