Teradata (TDC) Shares Rise 5% on Q4 Beat and Raise
Teradata Corp. (NYSE: TDC) shares were trading more than 5% higher after-hours following the company’s reported Q4 results, with EPS of $0.57 coming in better than the Street estimate of $0.27. Revenue was $475 million, compared to the consensus estimate of $477.46 million. Public cloud ARR grew 91% year-over-year to $202 million. Q4 recurring revenue grew 5% year-over-year to $364 million, representing 77% of total revenue, compared to 70% in Q4/20.
The company expects Q1/22 EPS in the range of $0.63-$0.67, compared to the consensus estimate of $0.51. For the full 2022-year, the company expects EPS of $1.82-$1.92, compared to the consensus estimate of $1.77.
