$TDC
Teradata Corp

2023 Q3 Form 10-Q Financial Statement

#000081676123000019 Filed on August 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $438.0M $462.0M $430.0M
YoY Change 5.04% 7.44% -12.42%
Cost Of Revenue $179.0M $186.0M $172.0M
YoY Change 13.29% 8.14% -4.97%
Gross Profit $259.0M $276.0M $258.0M
YoY Change 0.0% 6.98% -16.77%
Gross Profit Margin 59.13% 59.74% 60.0%
Selling, General & Admin $156.0M $167.0M $163.0M
YoY Change 0.65% 2.45% 1.24%
% of Gross Profit 60.23% 60.51% 63.18%
Research & Development $76.00M $76.00M $81.00M
YoY Change -3.8% -6.17% 2.53%
% of Gross Profit 29.34% 27.54% 31.4%
Depreciation & Amortization $27.00M $31.00M $33.00M
YoY Change -3.57% -6.06% -10.81%
% of Gross Profit 10.42% 11.23% 12.79%
Operating Expenses $232.0M $243.0M $244.0M
YoY Change -0.85% -0.41% 1.67%
Operating Profit $27.00M $33.00M $14.00M
YoY Change 8.0% 135.71% -80.0%
Interest Expense $8.000M $7.000M $5.000M
YoY Change 33.33% 40.0% -28.57%
% of Operating Profit 29.63% 21.21% 35.71%
Other Income/Expense, Net -$14.00M -$9.000M -$14.00M
YoY Change -6.67% -35.71% 27.27%
Pretax Income $13.00M $24.00M $0.00
YoY Change 30.0% -100.0%
Income Tax $1.000M $7.000M $4.000M
% Of Pretax Income 7.69% 29.17%
Net Earnings $12.00M $17.00M -$4.000M
YoY Change 50.0% -525.0% -109.09%
Net Earnings / Revenue 2.74% 3.68% -0.93%
Basic Earnings Per Share $0.12 $0.17 -$0.04
Diluted Earnings Per Share $0.12 $0.17 -$0.04
COMMON SHARES
Basic Shares Outstanding 99.90M shares 101.1M shares 103.5M shares
Diluted Shares Outstanding 102.0M shares 102.9M shares 103.5M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $348.0M $504.0M $545.0M
YoY Change -31.23% -7.52% -20.32%
Cash & Equivalents $348.0M $504.0M $545.0M
Short-Term Investments
Other Short-Term Assets $96.00M $102.0M $93.00M
YoY Change 15.66% 9.68% -34.97%
Inventory $8.000M $9.000M $17.00M
Prepaid Expenses
Receivables $286.0M $265.0M $266.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $738.0M $880.0M $921.0M
YoY Change -13.68% -4.45% -19.63%
LONG-TERM ASSETS
Property, Plant & Equipment $259.0M $261.0M $266.0M
YoY Change 4.02% -1.88% -24.43%
Goodwill $396.0M $390.0M $390.0M
YoY Change 2.86% 0.0% -2.26%
Intangibles $72.00M $76.00M $95.00M
YoY Change -18.18% -20.0% -2.06%
Long-Term Investments
YoY Change
Other Assets $75.00M $262.0M $29.00M
YoY Change 53.06% 803.45% -32.56%
Total Long-Term Assets $1.002B $989.0M $974.0M
YoY Change 4.05% 1.54% -11.37%
TOTAL ASSETS
Total Short-Term Assets $738.0M $880.0M $921.0M
Total Long-Term Assets $1.002B $989.0M $974.0M
Total Assets $1.740B $1.869B $1.895B
YoY Change -4.29% -1.37% -15.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $106.0M $113.0M $83.00M
YoY Change 34.18% 36.14% -8.79%
Accrued Expenses $126.0M $107.0M $116.0M
YoY Change 6.78% -7.76% -12.12%
Deferred Revenue $477.0M $526.0M $530.0M
YoY Change 3.25% -0.75% -2.57%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $12.00M $76.00M $0.00
YoY Change -100.0%
Total Short-Term Liabilities $885.0M $910.0M $878.0M
YoY Change 10.21% 3.64% -12.02%
LONG-TERM LIABILITIES
Long-Term Debt $486.0M $562.0M $497.0M
YoY Change -2.41% 13.08% 32.89%
Other Long-Term Liabilities $57.00M $173.0M $90.00M
YoY Change -27.85% 92.22% -24.37%
Total Long-Term Liabilities $543.0M $735.0M $587.0M
YoY Change -5.89% 25.21% 19.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $885.0M $910.0M $878.0M
Total Long-Term Liabilities $543.0M $735.0M $587.0M
Total Liabilities $1.618B $1.651B $1.673B
YoY Change 2.21% -1.32% -5.69%
SHAREHOLDERS EQUITY
Retained Earnings -$1.797B -$1.668B -$1.496B
YoY Change 18.3% 11.5% 31.46%
Common Stock $2.045B $2.003B $1.875B
YoY Change 7.12% 6.83% 7.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $122.0M $218.0M $222.0M
YoY Change
Total Liabilities & Shareholders Equity $1.740B $1.869B $1.895B
YoY Change -4.29% -1.37% -15.59%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income $12.00M $17.00M -$4.000M
YoY Change 50.0% -525.0% -109.09%
Depreciation, Depletion And Amortization $27.00M $31.00M $33.00M
YoY Change -3.57% -6.06% -10.81%
Cash From Operating Activities $41.00M $49.00M $105.0M
YoY Change 20.59% -53.33% -53.33%
INVESTING ACTIVITIES
Capital Expenditures $5.000M $3.000M -$3.000M
YoY Change -266.67% -200.0% -50.0%
Acquisitions
YoY Change
Other Investing Activities -$16.00M
YoY Change
Cash From Investing Activities -$21.00M -$3.000M -$3.000M
YoY Change 600.0% 0.0% -50.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -161.0M -85.00M 57.00M
YoY Change 250.0% -249.12% -176.0%
NET CHANGE
Cash From Operating Activities 41.00M 49.00M 105.0M
Cash From Investing Activities -21.00M -3.000M -3.000M
Cash From Financing Activities -161.0M -85.00M 57.00M
Net Change In Cash -141.0M -39.00M 159.0M
YoY Change 840.0% -124.53% 10.42%
FREE CASH FLOW
Cash From Operating Activities $41.00M $49.00M $105.0M
Capital Expenditures $5.000M $3.000M -$3.000M
Free Cash Flow $36.00M $46.00M $108.0M
YoY Change -2.7% -57.41% -53.25%

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