Teradata(TDC)

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Teradata(TDC) - 2024 Q4 - Earnings Call Presentation
2025-02-11 21:40
February 2025 Q4'24 and 2024 Earnings Results Teradata Investor Relations © 2025 Teradata. All rights reserved. Forward-looking statements This release contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934. Forward-looking statements generally relate to opinions, beliefs, and projections of expected future financial and operating performance, business trends, liquidity, and market conditions, among other things. These forward-looking statements are ...
Teradata(TDC) - 2024 Q4 - Annual Results
2025-02-11 21:09
Financial Performance - Fourth quarter public cloud ARR reached $609 million, an increase of 15% as reported and 18% in constant currency compared to the prior year[5] - Full-year GAAP diluted EPS was $1.16, up 90% year-over-year, while non-GAAP diluted EPS was $2.42, up 17% year-over-year[5] - Total ARR decreased to $1.474 billion from $1.570 billion, a decrease of 6% as reported and 4% in constant currency[6] - Total revenue for the full year was $1.750 billion, a decrease of 5% as reported and 3% in constant currency[8] - Total revenue guidance for 2025 is projected to decline between 6% to 8% year-over-year in constant currency[8] - Total revenue for Q4 2024 was $409 million, a decrease of 11% compared to $457 million in Q4 2023[26] - Recurring revenue for the fourth quarter was $351 million, down 6% as reported and 4% in constant currency[6] - Recurring revenue decreased by 6% to $351 million in Q4 2024 from $372 million in Q4 2023[26] - For the full year 2024, total segment revenue was $1.75 billion, down 5% from $1.83 billion in 2023[32] Cash Flow and Assets - Cash flow from operations for the full year was $303 million, with free cash flow of $277 million[5] - Free Cash Flow for the twelve months ended December 31, 2024, was $277 million, compared to $355 million in 2023, with a guidance of $250 to $280 million for 2025[20] - Cash provided by operating activities for Q4 2024 was $156 million, down from $176 million in Q4 2023[20] - Cash and cash equivalents increased to $420 million as of December 31, 2024, from $348 million at September 30, 2024[28] - Total assets decreased to $1,704 million as of December 31, 2024, from $1,873 million a year earlier[28] - Total liabilities were $1,571 million as of December 31, 2024, compared to $1,738 million a year earlier[28] Profitability Metrics - GAAP Gross Profit for Q4 2024 was $243 million, a decrease of 13% from $278 million in Q4 2023, representing 59.4% of revenue[16] - Non-GAAP Net Income for the twelve months ended December 31, 2024, was $238 million, up 12% from $212 million in 2023, with a margin of 13.6%[16] - GAAP Operating Income for Q4 2024 was $39 million, down 17% from $47 million in Q4 2023, accounting for 9.5% of revenue[16] - Net income for Q4 2024 was $25 million, compared to a net loss of $7 million in Q4 2023, representing a significant turnaround[26] - Total gross profit for Q4 2024 was $243 million, a decline from $278 million in Q4 2023, representing a gross margin of 59.4%[32] - Total gross profit for the full year 2024 was $1.06 billion, compared to $1.11 billion in 2023[32] Earnings Per Share - GAAP Earnings Per Share for Q4 2024 was $0.26, compared to a loss of $0.07 in Q4 2023, with guidance for Q1 2025 set between $0.33 and $0.37[17] - Non-GAAP Diluted Earnings Per Share for the twelve months ended December 31, 2024, was $2.42, up from $2.07 in 2023, with guidance for 2025 set between $2.15 and $2.25[17] Strategic Initiatives - The company announced a CFO transition plan, with Charles Smotherman appointed as Interim CFO[3] - Significant AI technology advancements were made in 2024, including support for OTFs and BYO-LLM[2] - The company is focused on enhancing its cloud analytics and data platform for AI to drive business results[22] Revenue Breakdown - Product sales revenue decreased by 8% to $354 million in Q4 2024 from $384 million in Q4 2023[32] - Consulting services revenue fell by 25% to $55 million in Q4 2024, down from $73 million in Q4 2023[32] - Full year product sales revenue was $1.50 billion, a decrease of 2% compared to $1.54 billion in 2023[32] - Consulting services revenue for the full year 2024 was $248 million, down 16% from $296 million in 2023[32] Tax Rates - The non-GAAP effective tax rate for Q4 2024 was 17.5%, compared to 26.9% in Q4 2023[17] - The effective tax rate for Q4 2024 was 16.7%, significantly lower than 131.8% in Q4 2023[26] Stock Repurchase - The company repurchased $29 million of common stock in Q4 2024, compared to $7 million in Q4 2023[30]
Why Teradata (TDC) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-12-16 15:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The ...
Teradata (TDC) Up 11.3% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-12-04 17:36
A month has gone by since the last earnings report for Teradata (TDC) . Shares have added about 11.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Teradata due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Teradata Q3 Earnings Beat Estimates, Revenues Flat Y/YTer ...
VIAVI Selected by TDC NET to Enable Network Transformation with Advanced, End-to-End Automated Monitoring Across Complex Domains
Prnewswire· 2024-11-19 11:30
Core Insights - VIAVI Solutions Inc. has been selected by TDC NET, Denmark's largest digital infrastructure provider, to implement NITRO® AIOps for comprehensive network monitoring [1][2] - The deployment of NITRO AIOps is part of TDC NET's broader transformation strategy, which includes collaboration with Infosys for integration with other vendors [1][3] Group 1: NITRO AIOps Features - NITRO AIOps enhances TDC NET's transformation goals by providing consolidated network monitoring and automation to boost business productivity [2] - The platform utilizes advanced AI/ML techniques for automated topology mapping, event correlation, and AI-driven forecasting, offering a unified dashboard for proactive monitoring [2][3] Group 2: Operational Integration - The solution is designed to function across TDC NET's entire IT and telecommunications ecosystem, including mobile, coax, fiber, core, and transport networks, as well as data centers [3] - VIAVI will collaborate closely with TDC NET to ensure seamless integration, minimize disruptions, and accelerate value realization throughout the infrastructure [3][4] Group 3: Strategic Importance - TDC NET emphasizes the importance of NITRO AIOps for maintaining optimal network performance, enhancing service quality, and improving customer experience [4] - VIAVI aims to transform network monitoring into an intelligent, self-healing process, ensuring stable and future-proof connections for TDC NET [4]
Can Teradata's Solid Q3 Earnings and FY24 View Push the Stock Higher?
ZACKS· 2024-11-05 16:30
Teradata (TDC) reported third-quarter 2024 non-GAAP earnings of 69 cents per share, which beat the Zacks Consensus Estimate by 23.21%. The bottom line increased 64% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $440 million beat the Zacks Consensus Estimate by 5.02%. The figure was flat year over year on a reported basis and 2% on a constant-currency (cc) basis.Total annual recurring revenues (ARR) at the third-quarter end declined 3% year over year to $1. ...
Teradata (TDC) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-05 01:00
Teradata (TDC) reported $440 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 0.5%. EPS of $0.69 for the same period compares to $0.42 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $418.97 million, representing a surprise of +5.02%. The company delivered an EPS surprise of +23.21%, with the consensus EPS estimate being $0.56.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
Why Teradata (TDC) is a Top Value Stock for the Long-Term
ZACKS· 2024-09-25 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style S ...
Why Is Teradata (TDC) Up 10.8% Since Last Earnings Report?
ZACKS· 2024-09-04 16:35
A month has gone by since the last earnings report for Teradata (TDC) . Shares have added about 10.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Teradata due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Teradata Q2 Earnings Beat Estimates, Revenues Fall Y/Y T ...
Teradata Corporation Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before August 13, 2024 to Discuss Your Rights – TDC
GlobeNewswire News Room· 2024-08-13 16:34
NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Teradata Corporation (NYSE: TDC). Shareholders who purchased shares of TDC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/teradata-corporation-loss-submission-form/?id=95111&from=3 CLASS PERIOD: February ...