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.
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Teradata Corporation (NYSE: TDC) will release its 2022 second quarter financial results on August 4, 2022, after market close. A conference call will follow at 2 p.m. PT the same day to discuss these results and provide a business update. Investors can access the live webcast on the company's Investor Relations page. Teradata is recognized as a connected multi-cloud data platform that addresses enterprise analytics needs, enhancing flexibility for handling complex data workloads.
Teradata (TDC) has launched the integration of its Vantage multi-cloud data and analytics platform with Amazon SageMaker, enhancing advanced analytics access for organizations. This partnership addresses scalability challenges in AI/ML deployment, promising faster time-to-value and improved ROI through the Analytics 123 framework. Despite heavy investments in AI/ML, many organizations struggle with widespread deployment due to costly data preparation. Vantage aims to enable enterprise-scale performance, allowing rapid AI/ML project execution.
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Teradata has announced the election of Todd McElhatton to its Board of Directors, effective June 1, 2022, expanding the Board from 9 to 10 members. With over 25 years of experience in corporate finance, McElhatton currently serves as CFO of Zuora. His past roles include senior positions at SAP, VMware, Oracle, and Hewlett Packard, focusing on cloud business strategies. Chairman Mike Gianoni emphasized that McElhatton's expertise aligns with Teradata's strategic focus on cloud transformation and sustainable growth.
Teradata (NYSE: TDC) reported its Q1 2022 results, highlighting a public cloud ARR of $209 million, up 69% year-over-year. Total revenue reached $496 million, an increase of 1%, with recurring revenue at $386 million, also a 4% rise. GAAP diluted EPS was $0.33, while non-GAAP diluted EPS came in at $0.65. Despite overall growth, the full-year outlook was revised downwards, citing a $55 million impact from ceasing operations in Russia and expected foreign currency headwinds. Total ARR is now projected to decline in the low-single-digit percentage range.
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Teradata Corporation (NYSE: TDC) will announce its Q1 2022 financial results on May 5, 2022, after market close. A conference call and live webcast will follow at 2 p.m. PT on the same day for discussing the results and providing a business update. Investors can access the live webcast and replay via the Investor Relations page on the Teradata website.
Teradata offers a connected multi-cloud data platform, addressing enterprise analytics needs and managing extensive data workloads.
Teradata (TDC) has successfully completed one of the largest-scale cloud analytic tests in the industry on Amazon Web Services (AWS). The test demonstrated the ability to run complex analytic workloads on a single system of over 1,000 nodes, with 1,023 active users, and without any downtime. This success illustrates the increasing demand for scalable data analytics and the capabilities of Teradata's analytic platform, which is crucial for enterprises managing vast data and numerous applications. This achievement reinforces Teradata's leadership position in cloud database management.
Teradata Corporation (NYSE: TDC) has initiated a $250 million accelerated share repurchase (ASR) agreement with JPMorgan Chase Bank as part of its $1 billion share repurchase program. This move leaves approximately $913 million available for future repurchases. The company will initially receive around 3.9 million shares, approximately 80% of the expected total, based on a closing price of $50.89 on February 8, 2022. The ASR will be funded from cash on hand, aiming to enhance shareholder value.