Teradata (TDC) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Teradata (TDC) reported fourth-quarter 2023 non-GAAP earnings of 56 cents per share, which beat the Zacks Consensus Estimate by 9.8%. The bottom line jumped 60% year over year.Revenues of $457 million surpassed the Zacks Consensus Estimate by 2.01%. The figure increased 1.1% year over year on a reported basis and 1% on a constant-currency (cc) basis.Total annual recurring revenues (“ARR”) at the fourth-quarter end increased 6% year over year to $1.57 billion. The figure increased 5% at cc.Public cloud ARR s ...