Teradata Corporation (TDC) Q2 2026 Earnings Call

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WEBVTT 00:00:00.065 -- 00:00:05.168 Good afternoon and welcome to Teradata's second quarter 2026 earnings call. 00:00:05.168 -- 00:00:09.831 Steve McMillan, Teradata's president and chief executive officer, will lead our call 00:00:09.831 -- 00:00:15.135 today, followed by John Ederer, Teradata's chief financial officer, who will discuss 00:00:15.135 -- 00:00:18.046 our financial results and outlook. 00:00:18.046 -- 00:00:22.651 Our discussion today includes forecasts and other information that are considered forward 00:00:22.651 -- 00:00:27.597 looking statements. While these statements reflect our current outlook, they are subject 00:00:27.597 -- 00:00:33.588 to a number of risks and uncertainties that could cause actual results to differ materially. 00:00:33.588 -- 00:00:39.354 These risk factors are described in today's earnings release and in our SEC filings. 00:00:39.354 -- 00:00:44.359 Please note that Teradata intends to file the Form 10-Q for the quarter ended June 00:00:44.359 -- 00:00:49.644 30, 2026 within the next few days. These forward-looking statements 00:00:49.644 -- 00:00:55.045 are made as of today and we undertake no duty or obligation to update them. 00:00:55.045 -- 00:01:00.147 On today's call, we will be discussing certain non-GAAP financial measures which exclude 00:01:00.147 -- 00:01:05.449 such items as stock-based compensation expense and other special 00:01:05.449 -- 00:01:10.792 items described in our earnings release. We will also discuss other non-GAAP 00:01:10.792 -- 00:01:15.894 items such as free cash flow, adjusted free cash flow, and constant currency 00:01:15.894 -- 00:01:17.534 comparisons. 00:01:17.534 -- 00:01:23.117 Unless stated otherwise, all numbers and results discussed on today's call are on a non-GAAP 00:01:23.117 -- 00...