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Teradata (TDC) reported earnings 30 days ago. What's next for the stock?
Teradata Corporation's stock plunged 16.9% after its Q2 2023 earnings report, presenting a discounted buying opportunity. Analysts were disappointed by the company's reaffirmation of guidance despite a strong first half of the year. Teradata's focus on artificial intelligence and its strong ratings from analysts make it an attractive investment in the future of the cloud.
Teradata's (TDC) second-quarter 2023 results reflect the impacts of growing recurring, perpetual and consulting revenues.
While the top- and bottom-line numbers for Teradata (TDC) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Teradata (TDC) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.33 per share a year ago.
SAN DIEGO--(BUSINESS WIRE)--Teradata earnings conference call to begin at 2 p.m. PT on Monday, August 7, 2023.
Teradata (TDC) partners with Microsoft Azure to bring advanced analytics and AI to customers through VantageCloud Lake, driving innovation with generative AI.
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Teradata's (TDC) first-quarter 2023 results reflect the impacts of declining perpetual and consulting revenues.