Teradata Expects Q3 Adj EPS Of $0.54 - $0.58, Est $0.49; Revises FY24 Range From $2.15 - $2.31 To $2.20 - $2.26, Est $2.18
Author: Benzinga Newsdesk | August 05, 2024 04:54pm
For the full-year 2024, Teradata updates the following ranges:
- Public cloud ARR growth of 28% to 32% year-over-year, in constant currency
- Total ARR in the range of -2% to -4% year-over-year, in constant currency
- Recurring revenue in the range of flat to -2% year-over-year, in constant currency
- Total revenue in the range of -2% to -4% year-over-year, in constant currency
- Cash flow from operations of $290 million to $310 million
- Free cash flow of $270 million to $290 million
- GAAP diluted EPS is expected to be in the range of $0.89 to $0.95 per share
- Non-GAAP diluted EPS is expected to be in the range of $2.20 to $2.26 per share
Posted In: TDC