Why Teradata (TDC) Shares Are Trading Lower Today : vimarsan

Why Teradata (TDC) Shares Are Trading Lower Today

Shares of data and analytics software provider Teradata (NYSE:TDC) fell 24.1% in the morning session after the company reported fourth-quarter results, which missed Wall Street's expectations for ARR (annual recurring revenue), though revenue beat. In addition, profit and EPS both came in better. Guidance was a key driver of the stock weakness. ARR, revenue, and non-GAAP EPS guidance for 2024 were all below expectations.

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