https://www.businesswire.com/news/home/20240222285689/en/Kirby-McInerney-LLP-Announces-Investigation-of-Shareholder-Claims-Against-Teradata-Corp.-TDC
6 replies (most recent on top)
I guess we are paying her reparations whether we wanted to or not.
JW will walk into another $1M PA role for the same reason she has this role.
For many of the ELT this is their last gig of their career.
Any company worth that values their pride and revenue won't employ any of the ELT. Just imagine someone looking at TC's cv and seeing negative growth as the CRO during a time period where the industry is booming. That would be an easy pass.
Or imagine the laughter in the house if JW ever went for another role. You'd seriously have to be desperate to hire any of these losers.
Wishful thinking. These incompetents will never see any repercussions for what they do. And they’ll go on to other C-level jobs elsewhere. The fix is in.
Jail time incoming!
Pack your toothbrush folks as a stint in jail will do you good
On February 12, 2024, Teradata released its fourth quarter and full year 2023 financial results, revealing cloud and total annual recurring revenue falling short of the Company’s original 2023 outlook due to “timing issues” which led “a handful of large deals” that got pushed back into 2024. Teradata also indicated that it was seeing significant declines for its on-premise solutions. Additionally, earnings per share estimates were projected to be between $2.15 and $2.31 per share, coming in below analysts’ estimates of $2.37. On this news, the price of Teradata shares declined by $10.57 per share, or approximately 21.7%, from $48.79 per share on February 12, 2024 to close at $38.22 on February 13, 2024.
Hahaha looks like the lawyers saw through the BS excuse of a couple of deals pushing into 2024 when you're selling everything as subscription.