Teradata Stock Price, News & Analysis

Teradata Corporation (NYSE: TDC) will announce its 2023 first quarter financial results on May 4, 2023, after market close. Following the release, the company will conduct a conference call to discuss these results at 2 p.m. PT on the same day. The call will also provide a comprehensive business and financial update.

The live webcast of the call will be accessible on Teradata's Investor Relations page, with a replay available afterwards. Teradata is recognized as a leading connected multi-cloud data platform, specializing in enterprise analytics that tackle complex business challenges.

Teradata (TDC) has announced the integration of its VantageCloud platform with Microsoft Azure Machine Learning, enhancing the capabilities for machine learning initiatives. This partnership aims to simplify and accelerate AI/ML project deployment, addressing the challenge that only 54% of such projects transition from pilot to production. VantageCloud's scalability and analytics, combined with Azure ML’s tools, allow enterprises to leverage their data effectively across sectors like retail, financial services, and healthcare. The integration is available globally, supporting organizations in maximizing their AI investments.

Teradata reported its Q4 2022 financial results, showing a public cloud ARR of $357 million, up 77% year-over-year. Total revenue decreased 5% to $452 million. Recurring revenue also declined 2%, accounting for 79%

of total revenue. GAAP EPS was ($0.07) while Non-GAAP diluted EPS was $0.35. The company generated $129 million in cash from operations and aims to increase its free cash flow target to 75%. For 2023, Teradata projects public cloud ARR growth of 53% to 57% and total revenue growth of 1% to 4%.

Teradata Corporation (NYSE: TDC) will announce its fiscal fourth quarter and full year financial results for 2022 before market open on February 13, 2023. A conference call and live webcast will occur at 5 a.m. PT to discuss these results and provide a financial outlook for 2023. Investors can access the live webcast on Teradata's Investor Relations page.

Teradata offers a multi-cloud data platform for enterprise analytics, aimed at resolving business challenges efficiently.

Teradata (TDC) announced its top ranking in all Analytical Use Cases in the 2022 Gartner Critical Capabilities for Cloud Database Management Systems, scoring highly in Traditional Data Warehouse (4.71), Logical Data Warehouse (4.85), Data Lake (4.25), and Streaming Analytics (4.25). Additionally, Teradata was named a Leader in the 2022 Gartner Magic Quadrant. This recognition highlights Teradata's robust analytics platform and its growing importance in data management for major enterprises, including 17 of the top 20 global banks.