TDC

NEW YORK, June 25, 2026 /PRNewswire/ -- Fred Alger Management, LLC ("Alger"), a privately held growth equity investment manager, today announced the quarterly rebalancing of the Alger Russell Innovation Index ("Index"). Following the close of trading on Friday, June 26, 2026, the Index will be rebalanced, and the following changes will be effective. For additional information, please visit www.lseg.com. Unlock Your Growth Potential with AlgerFounded in 1964, Alger is recognized as a pioneer of growth-style investment management. Privately-owned and headquartered in New York City, Alger can help "Unlock Your Growth Potential" through a suite of growth equity separate accounts, mutual funds, ETFs, and privately offered investment vehicles. Alger's investment philosophy, discovering companies undergoing Positive Dynamic Change, has been in place for more than 60 years. For more information, please visit www.alger.com. Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies' earnings and may be more sensitive to market, political, and economic developments. This material is not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities. Alger pays compensation to third party marketers to sell various strategies to prospective investors. London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). © LSE Group 2026. FTSE Russell is a trading name of certain of the LSE Group companies. "FTSE®" "Russell®", "FTSE Russell®" are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company's express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication. View original content to download multimedia:https://www.prnewswire.com/news...

NEW YORK, June 22, 2026 /PRNewswire/ -- Fred Alger Management, LLC ("Alger"), a privately held growth equity investment manager, today announced the quarterly rebalancing of the Alger Russell Innovation Index ("Index"). Following the close of trading on Friday, June 26, 2026, the Index will be rebalanced, and the following changes will be effective. For additional information, please visit www.lseg.com. Unlock Your Growth Potential with Alger Founded in 1964, Alger is recognized as a pioneer of growth-style investment management. Privately-owned and headquartered in New York City, Alger can help "Unlock Your Growth Potential" through a suite of growth equity separate accounts, mutual funds, ETFs, and privately offered investment vehicles. Alger's investment philosophy, discovering companies undergoing Positive Dynamic Change, has been in place for more than 60 years. For more information, please visit www.alger.com. Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies' earnings and may be more sensitive to market, political, and economic developments. This material is not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities. Alger pays compensation to third party marketers to sell various strategies to prospective investors. London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). © LSE Group 2026. FTSE Russell is a trading name of certain of the LSE Group companies. "FTSE®" "Russell®", "FTSE Russell®" are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company's express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication. View original content to download multimedia:https://www.prnewswire.com/new...

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Teradata (NYSE:TDC) expanded Josh Fecteur's role to a combined Chief Data and AI Officer and Chief Information Officer. The company is unifying its Data & AI and Technology Services functions under Fecteau to support enterprise AI adoption. This leadership change is intended to speed up company wide transformation and modernize Teradata's internal technology ecosystem. Teradata focuses on data and analytics platforms that help large enterprises manage and use their information at scale. As AI adoption becomes a priority across industries, companies that already sit at the center of data infrastructure are drawing attention from customers and investors. For readers tracking NYSE:TDC, Fecteau's expanded remit highlights where management is putting its energy and resources. The combined role concentrates decision making around AI enablement and internal technology, which could influence how Teradata adapts its offerings and operations as enterprise AI use cases evolve. Wall Street's queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. → 20 Compelling Space Companies watchlist · Global Space Race Investing Ideas screener · Scan the sector by valuation on Rocket Lab's valuation page. Does the team leading Teradata have what it takes? See our full breakdown of the management team's track record and compensation. ⚖️ Price vs Analyst Target: At US$33.70, Teradata trades roughly in line with the US$33.44 analyst price target. ✅ Simply Wall St Valuation: Shares are described as trading about 22.4% below estimated fair value. ✅ Recent Momentum: The stock is up 11.3% over the past 30 days. There is only one way to know the right time to buy, sell or hold Teradata. Head to Simply Wall St's company report for the latest analysis of Teradata's Fair Value. 📊 The combined Chief Data and AI Officer and CIO role concentrates responsibility for AI and internal systems, which could affect how efficiently Teradata executes on its AI platform ambitions. 📊 Watch whether enterprise AI product adoption, internal productivity metrics and capital allocation into AI infrastructure move in step with this leadership change. ⚠️ Analyst forecasts point to average earnings declines of 37.4% per year...

It has been about a month since the last earnings report for Teradata (TDC). Shares have added about 15.5% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Teradata due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent catalysts for Teradata Corporation before we dive into how investors and analysts have reacted as of late. Teradata Corporation delivered solid first-quarter 2026 results, with non-GAAP earnings of 88 cents per share, beating the Zacks Consensus Estimate by 14.29%. The metric rose 33.3% year over year.Revenues of $444 million surpassed the consensus mark by 4.13% and increased 6.2% from the year-ago quarter. Public cloud ARR climbed 13% year over year and 12% in constant currency to $686 million, highlighting continued traction for the company’s cloud offerings. Teradata ended the quarter with total ARR of $1.492 billion, up 3% as reported and 2% in constant currency. The public cloud portion continued to do the heavy lifting, with cloud ARR rising at a double-digit rate year over year.Management tied the momentum to customer demand for hybrid deployments, particularly for regulated and security-sensitive AI workloads. The company also pointed to rising interest in sovereign AI use cases, where enterprises prioritize governed data and infrastructure flexibility. Recurring revenue reached $400 million, increasing 12% as reported and 9% in constant currency, and represented 90% of total revenue. Product sales increased 9% year over year, supported by strength in term-based subscription activity.Perpetual software license and hardware revenues (0.2% of total revenues) dropped 90% year over year (down 88% at constant currency) to $1 million.Consulting services’ revenues (9.7% of revenues) fell 14% year over year (down 15% at constant currency) to $43 million. Non-GAAP gross margin expanded to 63.7% from 60.3% in the year-ago quarter. The improvement reflected both a larger scale in the recurring base and better consulting margin performance versus the prior year.Selling, general & administrative (SG&A) expenses increased 106.9% year over year to $240 million. Research & development (R&D) expenses were $72 million, up 9.1% year over year.Non-GAAP operat...

Everpure P reported first-quarter fiscal 2027 non-GAAP earnings of 47 cents per share, which surpassed the Zacks Consensus Estimate by 17.5%. The company had posted non-GAAP EPS of 29 cents in the prior-year quarter. Quarterly revenues of $1.1 billion surpassed the consensus mark by 4.47%. Revenues increased 35% year over year, driven by strong enterprise demand, accelerating AI infrastructure deployments and higher adoption of subscription offerings. Subscription annual recurring revenue (ARR) rose 19% year over year to more than $2 billion. Everpure, Inc. price-consensus-eps-surprise-chart | Everpure, Inc. Quote Product revenues increased 55% year over year to $577 million, accounting for approximately 55% of total revenues. Management attributed the strong performance to broad-based momentum across enterprise and commercial customers, higher competitive win rates and growing adoption of Everpure’s storage platform. Large deals exceeding $5 million increased at a high double-digit rate compared with the prior-year quarter. The company added 275 new customers during the quarter, while its penetration within the Fortune 500 expanded to 64%. Commercial business momentum also remained strong, with 223 new logos added. Everpure continued gaining traction in AI-focused deployments during the quarter. FlashBlade//EXA secured additional wins tied to AI and machine-learning workloads, including GPU-accelerated trading applications in the financial services market. Management noted that the company is increasingly displacing competing AI storage products in enterprise and neo-cloud environments. Everpure also highlighted growing engagement with hyperscalers and large cloud providers as it invests in system qualification programs and prepares for a stronger hyperscale revenue contribution in the second half of fiscal 2027. The company also completed the acquisition of 1touch during the quarter. The deal expands Everpure’s data management capabilities through advanced data discovery, classification and semantic-context technologies aimed at AI-ready enterprise environments. Subscription services revenues rose 17% year over year to $476 million and represented 45% of total revenues. The growth reflected continued traction in Evergreen//One and related storage-as-a-service offerings. Total contract value sales for storage-as-a-service offerings climbed 73% year over yea...

Teradata’s first quarter results were met with a negative market reaction, as investors weighed strong revenue and earnings per share against a significant decline in operating margin. Management credited the quarter’s performance to healthy demand for its AI-driven hybrid analytics platform, with CEO Steve McMillan highlighting increased customer adoption of agentic AI workloads and robust expansion activity, especially in highly regulated sectors like financial services and government. CFO John Ederer emphasized that recurring revenue outperformance was primarily driven by higher upfront term license subscriptions, while also acknowledging that consulting services revenue declined year over year. McMillan noted, “The trend we see is AI moving closer to the data, not data moving to AI, and that plays directly to our architecture.” Is now the time to buy TDC? Find out in our full research report (it’s free). Revenue: $444 million vs analyst estimates of $429.3 million (6.2% year-on-year growth, 3.4% beat) Adjusted EPS: $0.88 vs analyst estimates of $0.77 (14.2% beat) Adjusted Operating Income: $121 million vs analyst estimates of $107.4 million (27.3% margin, 12.6% beat) Revenue Guidance for Q2 CY2026 is $395.8 million at the midpoint, below analyst estimates of $401.9 million Management reiterated its full-year Adjusted EPS guidance of $2.60 at the midpoint Operating Margin: -8.1%, down from 15.8% in the same quarter last year Annual Recurring Revenue: $1.49 billion vs analyst estimates of $1.49 billion (3.5% year-on-year growth, in line) Billings: $515 million at quarter end, up 12.7% year on year Market Capitalization: $3.04 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Radi Khalid Sultan (UBS) asked how Teradata is repositioning its go-to-market strategy as expansion, rather than cloud migration, becomes the primary growth driver. CEO Steve McMillan said sales teams are focused on total ARR growth from both on-prem and cloud, leveraging AI capabilities. Yitchuin Wong (Citibank) questioned whether the urgency for AI deployments is overriding macro caution and how deal cycles are trending. McMillan respo...

Teradata Corporation TDC delivered solid first-quarter 2026 results, with non-GAAP earnings of 88 cents per share, beating the Zacks Consensus Estimate by 14.29%. The metric rose 33.3% year over year. Revenues of $444 million surpassed the consensus mark by 4.13% and increased 6.2% from the year-ago quarter. Public cloud ARR climbed 13% year over year and 12% in constant currency to $686 million, highlighting continued traction for the company’s cloud offerings. Teradata ended the quarter with total ARR of $1.492 billion, up 3% as reported and 2% in constant currency. The public cloud portion continued to do the heavy lifting, with cloud ARR rising at a double-digit rate year over year. Management tied the momentum to customer demand for hybrid deployments, particularly for regulated and security-sensitive AI workloads. The company also pointed to rising interest in sovereign AI use cases, where enterprises prioritize governed data and infrastructure flexibility. Teradata Corporation price-consensus-eps-surprise-chart | Teradata Corporation Quote Recurring revenue reached $400 million, increasing 12% as reported and 9% in constant currency, and represented 90% of total revenue. Product sales increased 9% year over year, supported by strength in term-based subscription activity. Perpetual software license and hardware revenues (0.2% of total revenues) dropped 90% year over year (down 88% at constant currency) to $1 million. Consulting services’ revenues (9.7% of revenues) fell 14% year over year (down 15% at constant currency) to $43 million. Non-GAAP gross margin expanded to 63.7% from 60.3% in the year-ago quarter. The improvement reflected both a larger scale in the recurring base and better consulting margin performance versus the prior year. Selling, general & administrative (SG&A) expenses increased 106.9% year over year to $240 million. Research & development (R&D) expenses were $72 million, up 9.1% year over year. Non-GAAP operating margin also improved to 27.3% from 21.8%. As of March 31, 2026, Teradata had cash and cash equivalents of $816 million compared with $493 million as of Dec. 31, 2025. Teradata generated $401 million in cash flow from operations and $390 million in free cash flow during the quarter, a sharp increase from the year-ago period. The reported cash flow performance included a pre-tax net benefit of $359 million tied to a settleme...

SAN DIEGO (AP) — SAN DIEGO (AP) — Teradata Corp. (TDC) on Tuesday reported first-quarter profit of $335 million. The San Diego-based company said it had net income of $3.47 per share. Earnings, adjusted for one-time gains and costs, came to 88 cents per share. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share. The data management company posted revenue of $444 million in the period. For the current quarter ending in June, Teradata expects its per-share earnings to range from 53 cents to 57 cents. The company expects full-year earnings in the range of $2.55 to $2.65 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDC at https://www.zacks.com/ap/TDC

Teradata (TDC) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +14.29%. A quarter ago, it was expected that this data management company would post earnings of $0.55 per share when it actually produced earnings of $0.74, delivering a surprise of +34.55%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Teradata, which belongs to the Zacks Computer- Storage Devices industry, posted revenues of $444 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 4.13%. This compares to year-ago revenues of $418 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Teradata shares have lost about 3.7% since the beginning of the year versus the S&P 500's gain of 5.2%. While Teradata has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Teradata was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks...

For the quarter ended March 2026, Teradata (TDC) reported revenue of $444 million, up 6.2% over the same period last year. EPS came in at $0.88, compared to $0.66 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $426.4 million, representing a surprise of +4.13%. The company delivered an EPS surprise of +14.29%, with the consensus EPS estimate being $0.77. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Teradata performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Recurring: $400 million compared to the $380.98 million average estimate based on two analysts. The reported number represents a change of +11.7% year over year. Revenue- Consulting services: $43 million compared to the $45.43 million average estimate based on two analysts. The reported number represents a change of -14% year over year. Gross profit- Consulting services: $-2 million compared to the $2.98 million average estimate based on two analysts. Gross profit- Recurring: $277 million versus $257.69 million estimated by two analysts on average. View all Key Company Metrics for Teradata here>>> Shares of Teradata have returned +13.1% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teradata Corporation (TDC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Image source: The Motley Fool. Tuesday, May 5, 2026 at 4:30 p.m. ET President and Chief Executive Officer — Steve McMillan Chief Financial Officer — John Ederer Need a quote from a Motley Fool analyst? Email [email protected] Chad Bennett: Steve McMillan, Teradata Corporation's President and Chief Executive Officer, will lead our call today, followed by John Ederer, Teradata Corporation's Chief Financial Officer, who will discuss our financial results and outlook. Our discussion today includes forecasts and other information that are considered forward-looking statements. While these statements reflect our current outlook, they are subject to a number of risks and uncertainties that could cause actual results to differ materially. These risk factors are described in today's earnings release and in our SEC filings. Please note that Teradata Corporation intends to file the Form 10-Q for the quarter ended March 31, 2026 within the next few days. These forward-looking statements are made as of today and we undertake no duty or obligation to update them. On today's call, we will be discussing certain non-GAAP financial measures which exclude such items as stock-based compensation expense and other special items described in our earnings release. We will also discuss other non-GAAP items such as free cash flow, adjusted free cash flow, and constant currency comparisons. Unless stated otherwise, all numbers and results discussed on today's call are on a non-GAAP basis. A reconciliation of non-GAAP to GAAP measures is included in our earnings release, which is accessible on the Investor Relations page of our website at investor.teradata.com. A replay of this conference call will be available later today on our website. And now, I will turn the call over to Steve. Steve McMillan: Thanks, Chad, and thanks to everyone for joining us today. I am very pleased to report that Teradata Corporation is off to a strong start in 2026. With solid execution globally and our pivot to AI-led value, we outperformed against expectations in a number of key metrics. Recurring revenue grew 12% as reported year-over-year. Total revenue grew 6% as reported year-over-year. And non-GAAP earnings per share was $0.88, an increase of over 30% versus Q1 2025. We continued to see solid retention in the quarter, and customer interest in our hybrid capabilities drove a healthy growth rate in both total...

Total ARR of $1.492 billion, an increase of 3% as reported and 2% in constant currency from the prior year period(1) Public cloud ARR of $686 million, an increase of 13% as reported and 12% in constant currency from the prior year period(1) Recurring Revenue of $400 million, up 12% as reported and 9% in constant currency(1) Cash Flow from Operations of $401 million and Free Cash Flow of $390 million, which includes a pre-tax net benefit of $359 million related to a settlement with SAP(3) SAN DIEGO, May 5, 2026 /PRNewswire/ -- Teradata (NYSE: TDC) today announced its first quarter 2026 financial results. "Teradata delivered a strong first quarter, outperforming on key growth and performance metrics as we enter 2026. Enterprises are discovering that winning with AI requires context, governed data, codified industry knowledge, and a hybrid infrastructure that meets them wherever they operate," said Steve McMillan, President and CEO of Teradata. "Our autonomous AI and knowledge capabilities are the proven foundation for this AI era, and with significant innovations ahead, we are well positioned to enable the world's leading organizations to rapidly deploy agentic AI. Our trajectory is clear, and we believe that the opportunity to create meaningful, lasting value for our shareholders is significant." First Quarter 2026 Financial Highlights Compared to First Quarter 2025 Total ARR increased to $1.492 billion from $1.442 billion, an increase of 3% as reported and 2% in constant currency(1) Public cloud ARR increased to $686 million from $606 million, an increase of 13% as reported and 12% in constant currency(1) Recurring revenue was $400 million versus $358 million, an increase of 12% as reported and 9% in constant currency(1) Total revenue was $444 million versus $418 million, an increase of 6% as reported and 4% in constant currency(1) Recurring revenue was 90% of total revenue versus 86% GAAP gross margin was 62.2% versus 59.3% Non-GAAP gross margin was 63.7% versus 60.3%(2) GAAP operating margin was (8.1%) versus 15.8% Non-GAAP operating margin was 27.3% versus 21.8%(2) GAAP diluted EPS was $3.47 versus $0.45 per share Non-GAAP diluted EPS was $0.88 versus $0.66 per share(2) Cash flow from operations was $401 million compared to $8 million Free cash flow was $390 million compared to $7 million(3) Adjusted free cash flow was $31 million compared to $7 million(3...