RIF is the strategy that allows ELT to keep milking while the ship is sinking.
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Several lawfirms will be listening closely for how the leprechaun digs his way out of the Q4 2023 earnings statements call.
"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" and "a handful of large deals" that got pushed back into 2024. Additionally, the Company indicated that it was seeing significant declines for its on-premise solutions.
On this news, Teradata's stock price fell $10.57, or 21.7%, to close at $38.22 per share on February 13, 2024, thereby injuring investors."
Let’s see what happens to stock price Monday 👀
or just RIP as it is time to call this farce