That’s 4 successful quarters under the new CEO. Stock up to $53 overnight. It’s happening!
7 replies (most recent on top)
Hopefully, not everyone sells the stock before may 6 so employees can sell with a profit also.
Blackout period for espp/options? Does it end after the earnings date? This means pre releasing earnings sucks for employees.
I tried to sell today when it reached $52, but it says can’t sell during this blackout period. :(
Cost reductions only affect one part of the equation. Teradata is seeing sales growth concurrently.
I also think that the people complaining here are those that are getting left behind or who have been laid off.
Logo growth won't happen for another year, that is what Management already said. They want to stop churn right now.
Analysts are not convinced yet. Let's see how much color is provided in the earnings call. The #1 thing they want to see is increases in ARR in the cloud, that's it. Nobody cares about consulting, on prem, or the like. It's cloud, cloud, cloud.
Yup. Teradata is being Gamestopped. Sell today!
I'm sure everyone who was told they are soon losing their jobs is so excited about this.
Short term gains and planning are what go us here to start with. Our "planning" is nothing more than trying to get through the quarter.
What’s ”happening“ is the terrible cost reduction decisions made by the executives are showing good short term financial results, but the high customer churn and erosion coupled with a lack of new logo growth is bad and only getting worse. No “optimization” activity will help to recover this company in the long term. If only they reported those figures...