Teradata Corporation (NYSE: TDC) today reported revenue of $587 million for the quarter ended March 31, 2013, a decrease of 4 percent from $613 million in the first quarter of 2012. Revenue in the first quarter decreased 3 percent when compared in constant currency.(1)
Gross margin was 52.0 percent, as reported under U.S. Generally Accepted Accounting Principles (GAAP), versus 55.1 percent in the first quarter of 2012. On a non-GAAP basis, excluding stock-based compensation expense and the other special items described in footnote #2, gross margin was 53.3 percent, down from the 55.9 percent gross margin in the first quarter vx 8845.(1)
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Gross margin was 52.0 percent, as reported under U.S. Generally Accepted Accounting Principles (GAAP), versus 55.1 percent in the first quarter of 2012. On a non-GAAP basis, excluding stock-based compensation expense and the other special items described in footnote #2, gross margin was 53.3 percent, down from the 55.9 percent gross margin in the first quarter vx 8845.(1)
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