Welcome to our dedicated page for Teradata news (Ticker: TDC), a resource for investors and traders seeking the latest updates and insights on Teradata stock.
Teradata Corporation (NYSE: TDC) regularly issues news that centers on its role as an AI platform for the autonomous era, its AI + Knowledge Platform, and its AI Services. Company announcements highlight how Teradata supports enterprise AI, data fabric, and analytics workloads across cloud, on‑premises, and hybrid environments.
News items include AI engagement milestones, such as completing more than 150 AI‑focused customer engagements across industries like financial services, healthcare, manufacturing, and defense. These stories often describe specific use cases, including anti–money laundering, customer feedback analysis, R&D optimization, defense asset protection, and secure processing of medical imaging data.
Teradata also publishes updates on new offerings and capabilities, such as Autonomous Customer Intelligence, Teradata AI Services, and AgentBuilder for building autonomous AI agents. These releases explain how the company aims to help organizations move from AI experimentation to production, using harmonized data, reusable data products, and agentic AI architectures.
Another category of news covers analyst and customer recognition, with Teradata reporting its inclusion in evaluations of data science and machine learning platforms and data fabric platforms. The company highlights ratings, scores, and commentary related to its vision, roadmap, performance, and scalability.
Investors and observers can also find financial and investor‑relations updates, including earnings release dates, quarterly results, and participation in technology and AI conferences. Together, these news items provide an ongoing view of how Teradata presents its strategy, product evolution, AI services, and capital‑markets communication.
Teradata (TDC) announced its participation as a Diamond sponsor at AWS re:Invent 2022, taking place from November 28 to December 2 in Las Vegas. The company will showcase innovations in cloud analytics, including live demos of its cloud-native product, VantageCloud Lake, and ClearScape Analytics. The event allows Teradata to demonstrate how its analytics solutions leverage AI and ML for better data accessibility. Attendees can engage with experts and attend breakout sessions focused on practical applications of Teradata's solutions in cloud environments.
Teradata (NYSE: TDC) reported Q3 2022 results with public cloud ARR reaching $279 million, a significant 89% increase year-over-year. However, total recurring revenue decreased by 6% to $331 million. GAAP earnings per share (EPS) were $0.08, down from $0.15, while non-GAAP EPS fell to $0.31 from $0.43. The company expects total revenue and total recurring revenue to decline in the mid-to-high-single-digit percentage range for FY 2022. Cash from operations was $34 million, with free cash flow at $31 million.
Teradata (TDC) has partnered with the New York Giants as their official analytics provider, utilizing the newly launched VantageCloud Lake to enhance fan experiences. This collaboration will aggregate and analyze customer data to improve insights into fan behavior and preferences. By leveraging Teradata's cloud analytics platform, the Giants aim to provide personalized offerings, enriching the overall customer journey. The initiative highlights Teradata's commitment to delivering powerful analytics solutions that can drive innovation and customer satisfaction in competitive sports environments.
Teradata Corporation (NYSE: TDC) will release its third quarter financial results on November 7, 2022, after market close. A conference call is scheduled for 2 p.m. PT on the same day to discuss these results and provide a business and financial update. The live webcast will be accessible via the Investor Relations page. This announcement highlights the company's ongoing commitment to transparency and investor engagement.
Kyndryl (NYSE: KD) and Teradata (NYSE: TDC) have announced a strategic global partnership aimed at leveraging AI and data modernization to enhance business outcomes for customers. This collaboration combines Kyndryl's infrastructure management and Data and AI services with Teradata's cloud analytics capabilities. The partnership will focus on modernizing on-prem data warehouses and delivering industry-specific analytics services across various sectors, including manufacturing, financial services, and retail.
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Teradata (TDC) and ActionIQ have entered a strategic partnership to enhance enterprise IT's control over customer data through the integration of AIQ's HybridCompute technology with the Teradata VantageCloud analytics platform. This collaboration aims to maximize existing technology investments while providing seamless access to secure customer data. Key benefits include improved customer insights, greater data governance, and cost control. HybridCompute will empower IT and business users to manage and activate data effectively, fostering faster decision-making and innovation.
Teradata has launched VantageCloud Lake, a cloud-native analytics platform designed to enhance performance and lower total cost of ownership for various workloads. This new offering expands Teradata's traditional focus, enabling self-service analytics for broader use cases beyond IT-managed tasks. Built on a flexible architecture, it supports rapid scaling and comprehensive workload management. VantageCloud Lake aims to foster innovation and agility in data-driven decision-making while maintaining strict governance and cost oversight.
Teradata has launched ClearScape Analytics, enhancing its analytics capabilities with over 50 new in-database functions. This new offering is integrated within VantageCloud and VantageCloud Lake, providing advanced AI/ML functionalities designed to streamline data insights and operational efficiency. The features include integrated ModelOps for managing AI/ML models, allowing organizations to quickly adapt and scale their analytics. The advancements aim to help clients tackle complex challenges and accelerate digital transformations.
Teradata (TDC) reported its Q2 2022 results, showing a public cloud ARR of $234 million, up 68% year-over-year. However, total revenue dropped 12% to $430 million, with recurring revenue decreasing by 8%.
The GAAP EPS was ($0.04), while non-GAAP EPS reached $0.33, exceeding expectations. Cash flow from operations was $105 million, with free cash flow of $102 million. Teradata reaffirms its year-end guidance, predicting 80% growth in public cloud ARR and a decline in total recurring revenue in the low-to-mid-single-digit range.