Teradata Q2 EPS Beats by 23%, Cloud ARR Climbs 8%
TDC sits 41% above its 52-week low of $19.96.
Summary
Teradata delivered Q2 adjusted EPS of $0.69, beating the $0.56 estimate by 23%, on revenue of $410M (up 0.5% YoY). Public cloud ARR grew 8% year-over-year, signaling traction in the Autonomous Knowledge Platform launch. Q3 guidance calls for adjusted EPS of $0.55–$0.59, bracketing current expectations. This follows the FY guidance raise to $2.65–$2.73 issued yesterday, which already sat above consensus. The combination of a clean beat and cloud momentum strengthens the turnaround narrative, though shares had already slipped 7.4% during Q2.
At the time of this announcement, TDC was trading at $28.22 on NYSE in the Technology sector, with a market capitalization of approximately $3.2B. The 52-week trading range was $19.96 to $41.78. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.