
Teradata Corporation (TDC) reported its fourth-quarter fiscal 2024 earnings, revealing an adjusted earnings per share (EPS) of $0.53, surpassing the analyst estimate of $0.43. However, the company's total revenue for the quarter was $409 million, falling short of expectations set at $414.94 million. This represents an 11% decline in revenue compared to the previous year, and a 9% decrease when adjusted for constant currency. The GAAP diluted EPS stood at $0.26, improving from a loss of $0.07 per share in the prior year. Despite the downturn in overall revenue, Teradata's public cloud annual recurring revenue (ARR) increased by 15% year-over-year, reaching $609 million. The decline in total revenue and ARR was attributed to challenges in consulting and perpetual software sales. In pre-market trading, Teradata's stock fell by 18.2% following the earnings announcement. Additionally, Radcom (RDCM) reported an adjusted EPS of $0.23, exceeding the estimate of $0.20, with sales of $16.26 million, surpassing the forecast of $15.41 million.
$TDC (-18.2% pre) Teradata Corp (TDC) Q4 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... https://t.co/1r11utYTSa
$RDCM Radcom Q4 Adj EPS $0.23 Beats $0.20 Estimate Sales $16.26M Beat $15.41M Estimate
Teradata, $TDC, Q4 FY24. Results: 📊 Adj EPS: $0.53 🟢 💰 Revenue: $409M 🔴 📈 Net Income: $25M 🔎 Public cloud ARR grew 15% YoY to $609M, but total revenue and ARR declined due to weakness in consulting and perpetual software sales.