Teradata Reports First Quarter 2024 Financial Results
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Go back to Teradata Reports First Quarter 2024 Financial Results
May 7, 2024 6:19 AM EDT
RBC Capital analyst Matthew Hedberg lowered the price target on Teradata (NYSE: TDC) to $44.00 (from $48.00) while maintaining a Sector Perform rating.
The analyst comments "Teradata delivered a mixed quarter with good performance in revenue, recurring revenue, and profitability while cloud and total... More
May 7, 2024 5:11 AM EDT
Evercore ISI analyst Chirag Ved lowered the price target on Teradata (NYSE: TDC) to $46.00 (from $58.00) while maintaining a Outperform rating.
The analyst comments "TDC delivered mixed F1Q results with total revenue of $465mn (-1% y/y in c/c) vs. our/Street expectations of $446.4/$461.9mn, total ARR of $1,480mn (-1% in c/c) vs. our/Street expectations of $1,498/$1,520mn, and EPS of $0.57 coming in ahead of our/Street estimates of $0.55/$0.55. Most... More
