What else could push the stock price +24% since Friday close? I mean ok EPS is up, but business is contracting (based on falling revenue). If indeed it is a buyback, it’s a Google type of story, layoffs on the one hand, shares buyback on the other… what’s the point? Something to do with bonuses for LT and stock option distribution? Any insights?
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Rather than propping up the stock price, LT should have invested in R&D and sales. It looks and sounds like a lack of a clear long term plan… amateurs are at the helm of this company.
What happened to the old fashioned way of finding new customers and increasing sales ?
It's now just milking existing customers, buying back stock, and layoffs.
@1yoh+1lcYHonc with the right answer, while others citing nothing that would reflect an understanding of now the market works. You don't have to like the rules, but (as a public company) you still have to play the game.
Wow, that is throwing good money away.
Total revenue does not matter?
A true Teradata executive in process.
It’s because of cloud ARR growth numbers being good. A large part of teradata stock price is on that metric and rest of it is on EPS and Free cash flow given recession. The total revenue does not matter because teradata management had indicated already that the consulting and perpetual revenue will go away
its probably just funds being moved around to cover AIP/AIC payments and raises.
Broader market and peers’ stocks are roughly at same levels as a week ago, so it’s not that.
Short squeeze? Only on TD stock? Unlikely
Short squeeze?
Stocks increased suddenly around February the last two years. So I’m curious how Monday’s results release has contributed to this increase (assuming that it has…?), as I wasn’t expecting stock to shoot up over the Q4 year end results.