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Teradata Corporation (TDC) CEO Victor Lund on Q1 2020 Results - Earnings Call Transcript

May 07, 2020 9:46 PM ETTeradata Corporation (TDC)
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Teradata Corporation. (NYSE:TDC) Q1 2020 Earnings Conference Call May 7, 2020 5:00 PM ET


Nabil Elsheshaim - SVP, Corporate Development & IR

Victor Lund - Interim President, CEO

Mark Culhane - CFO

Scott Brown - CRO


Katy Huberty - Morgan Stanley

Wamsi Mohan - Bank of America

Derrick Wood - Cowen

Tyler Radke - Citi

Raimo Lenschow - Barclays


Thank you for standing by, and welcome to the Q1 2020 Teradata's Earnings Conference call. [Operator instructions]

I would now like to hand the conference over to Nabil Elsheshai, SVP, Corporate Development & Investor Relations. Please go ahead.

Nabil Elsheshai

Good afternoon and welcome to Teradata's 2020 first quarter earnings call. Vic Lund, Teradata's Interim President and Chief Executive Officer will lead today's call followed by Scott Brown, Teradata's Chief Revenue Officer; and then Mark Culhane, Teradata's CFO will then discuss our financial results.

Our discussion today includes forecasts and other information that are considered forward-looking statements. While these statements reflect our current outlook, they are subject to a number of risks and uncertainties that could cause actual results to differ materially.

These risk factors are discussed in today's earnings release, Teradata's most recent 10-K with the SEC and in the Form 10-Q for the quarter ended March 31st 2020, expected to be filed with the SEC in the next few days. We undertake no duty or obligation to update our forward-looking statements.

On today's call, we will be discussing certain non-GAAP financial measures, which exclude such items such as stock-based compensation expense and other special items described in our earnings release. We'll also discuss other non-GAAP items such as free cash flow and constant currency revenue comparisons.

A reconciliation of non-GAAP to GAAP is included in our earnings release, which is accessible on the Investor Relations page of

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