https://assets.teradata.com/News/2022/TDC_Q2_2022_Earnings_Release.pdf
• GAAP operating income was $14 million versus $70 million
• Non-GAAP operating income was $55 million versus $117 million(2)
• GAAP EPS was ($0.04) versus $0.39 per diluted share
• Non-GAAP diluted EPS was $0.33 versus $0.74(2)
• Cash flow from operations was $105 million compared to $225 million
• Free cash flow was $102 million compared to $219 million(3)
11 replies (most recent on top)
The “golden egg” on-prem business doesn’t exist anymore
Thanks to lower margin , lower revenue business that astute leadership is going after :) called cloud cloud cloud the quarter was as expected. the losses are only going to accelerate if they don’t get back to doing business that makes sense. You don’t ki-l the golden egg laying business and chase after cloud. You need to balance out growth and revenue.
They are forced to talk about the new cloud database that we all know does not work. It's just a ploy by SM and HA to try to keep their job. See if they have any early customers who will speak to the media or analysts
I didn’t hear the call. Were DEI objectives met for the quarter? That’s what I’m concerned about.
If dropping by 7% can be called “taking off”...
Beat analyst expectations which is a good thing. I guess that's why the SP is taking off
Listening to ELT trying to answer questions was fun though. Not even a single question was answered satisfactorily.
Also no mention of new logos added.
Yikes
No where to go but up!
I don’t recall results this bad in a decade. If you’re still here, run. I only have a year until retirement, but I can make it if they give me a package. I’m just embarrassed by our management.
Wow, that is dire
But ‘powerful new technology being unveiled soon’. yeah right