Company meets analyst forecasts and sees stock increase
- Teradata’s stock climbed 1% in extended trading after reporting quarterly results
- Net income increased from $8 million to $12 million compared to the same quarter last year
- Adjusted earnings were 42 cents a share
- Revenue increased to $438 million from $417 million a year ago
- Analysts’ forecasts for earnings and revenue were met
Teradata Corp. reported quarterly results that were in line with analyst revenue and earnings estimates. The company’s net income increased from $8 million to $12 million, with adjusted earnings at 42 cents a share. Revenue also saw growth, reaching $438 million compared to $417 million a year ago. This performance met the expectations of analysts surveyed by FactSet. As a result, Teradata’s stock climbed 1% in extended trading. Despite a 34% decline in stock value this year, the company’s performance aligns with the broader market trend.
Factuality Level: 9
Factuality Justification: The article provides factual information about Teradata Corp.’s quarterly results, including net income, adjusted earnings, and revenue. It also mentions the stock performance and compares it to the broader market index. The information is supported by data and analyst estimates, making it reliable and objective.
Noise Level: 3
Noise Justification: The article provides a straightforward report on Teradata’s quarterly results, including net income, adjusted earnings, and revenue. It also mentions the stock performance and compares it to the broader market. However, it lacks any analysis or insights beyond the basic numbers, and there is no mention of any long-term trends or antifragility. Overall, it is a relatively noise-free article but lacks depth and actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: Teradata Corp.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to the financial performance of Teradata Corp. and its stock. There is no mention of any extreme event.
Public Companies: Teradata Corp. (TDC), S&P 500 index (SPX)
Key People:
Reported publicly:
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