On June 16, 2024, Teradata was sued for violations of the federal securities laws. The complaint alleges that between February 13, 2023 and February 12, 2024, Teradata and certain of its senior executives made materially false and misleading statements related to: (a) the success of the company's recently expanded business model to market products to customers beyond their IT units; (b) the robustness of the company's pipeline and ability to timely close deals; and (c) the company's revenue growth prospects ...

If you suffered substantial losses and wish to serve as lead plaintiff of the Teradata class action lawsuit, please provide your information here: CASE ALLEGATIONS: Teradata provides a connected multi-cloud data platform for enterprise analytics. The Teradata class action lawsuit further alleges that on December 7, 2023, Teradata's CFO, defendant Claire Bramley, revealed that Teradata had "an eight-figure deal that potentially . . . could get pushed out [of the fourth quarter of 2023]," the effect of which ...

The deadline to ask the court to be appointed lead plaintiff in the case is August 13, 2024. CONTACT: Corey Holzer, Esq. (888) 508-6832 (toll-free) cholzer@holzerlaw.com If you bought shares of Teradata between February 13, 2023 and February 12, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm's website at www.holzerlaw. ...

On this news, Teradata's stock price fell $2.89 per share, or 6.24%, to close at $43.40 per share on December 7, 2023. NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of California on behalf of all persons and entities who purchased securities of Teradata Corporation ("Teradata" or the "Company") (NYSE: TDC) between February 13, 2023 and February 12, 2024, inclu ...

Throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) under Teradata's expanded business model, which involved engagement with additional customer business units and decisionmakers, transactions with the Company's customers took longer to finalize; (ii) Teradata thus overstated its ability to close custom ...

Are you on the hunt for hot tech stocks? Are you bullish about cloud computing and artificial intelligence? That's understandable, and Teradata (NYSE:TDC) certainly fits into these technology sectors. However, even though Teradata stock is down in 2024 so far, the right strategy is to just watch and wait for more information. Teradata's Crucial Connection With Amazon While I'm not bullish about Teradata stock right now, I must admit that the company's business model is timely in the 2020s. Without a doubt, ...

Have you evaluated the performance of Teradata's (TDC) international operations during the quarter that concluded in March 2024? Considering the extensive worldwide presence of this data management company, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and ...

Teradata (TDC) reported first-quarter 2024 non-GAAP earnings of 57 cents per share, which beat the Zacks Consensus Estimate by 1.79%. The bottom line fell 6.6% year over year.Revenues of $465 million surpassed the Zacks Consensus Estimate by 2.07%. The figure decreased 2.3% year over year on a reported basis and 1% on a constant-currency (cc) basis.Total annual recurring revenues (“ARR”) at the first-quarter end decreased 2% year over year to $1.48 billion. The figure decreased 1% at cc.Public cloud ARR sur ...

Washington, D.C. 20549 UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-33458 TERADATA CORPORATION (Exact name of registrant as specified in its charter) Delaware 75-3236470 (State or other jurisdiction of (I.R ...

For the quarter ended March 2024, Teradata (TDC) reported revenue of $465 million, down 2.3% over the same period last year. EPS came in at $0.57, compared to $0.61 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $455.55 million, representing a surprise of +2.07%. The company delivered an EPS surprise of +1.79%, with the consensus EPS estimate being $0.56.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...