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Teradata Corporation (TDC) CEO Steve McMillan on Q1 2021 Results - Earnings Call Transcript

May 06, 2021 11:10 PM ETTeradata Corporation (TDC) Stock
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Teradata Corporation (NYSE:TDC) Q1 2021 Earnings Conference Call May 6, 2021 5:00 PM ET

Company Participants

Christopher Lee - Senior Vice President, Investor Relations and Corporate Development

Steve McMillan - President and Chief Executive Officer

Mark Culhane - Chief Financial Officer

Conference Call Participants

Katy Huberty - Morgan Stanley

Wamsi Mohan - Bank of America

Tyler Radke - Citi

Derrick Wood - Cowen


Good afternoon. My name is [Annie] and I will be your conference operator today. At this time, I would like to welcome everyone to the Teradata's First Quarter 2021 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. [Operator Instructions] Thank you.

I would like to hand the conference over to your host today, Christopher Lee, Senior Vice President, Investor Relations and Corporate Development. Thank you. Please go ahead.

Christopher Lee

Good afternoon, and welcome to Teradata's 2021 first quarter earnings call. Steve McMillan, Teradata's President and Chief Executive Officer, will lead our call today; followed by Mark Culhane, Teradata's Chief Financial Officer, who will 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 described in today's earnings release and in our SEC filings including our most recent 10-K and in the Form 10-Q for the quarter ended March 31, 2021 that is expected to be filed with the SEC tomorrow. These forward-looking statements are made as of today and 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 as stock-based compensation expense and other special items described

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