These Analysts Cut Their Forecasts On Teradata Following Q2 Results
These Analysts Cut Their Forecasts On Teradata Following Q2 Results
Teradata Corporation (NYSE:TDC) reported mixed financial results for the second quarter and announced a restructuring plan that will reduce its global workforce by approximately 9% to 10%.
Teradata公司（NYSE:TDC）公佈了Q2市場業績，宣佈一個重組計劃，全球員工規模將減少9%至10%。
Teradata reported quarterly earnings of 64 cents per share which beat the analyst consensus estimate of 48 cents per share. The company reported quarterly sales of $436.000 million which missed the analyst consensus estimate of $447.036 million, according to data from Benzinga Pro.
Teradata公佈了季度收益爲每股64美分，超出了分析師預期的每股48美分。根據來自Benzinga Pro的數據，該公司季度銷售額爲43600萬美元，低於分析師預期的44703.6萬美元。
"Teradata delivered another quarter of strong growth in Cloud ARR, increasing 32% in constant currency, and we maintained our robust 123% net expansion rate in the cloud," said Steve McMillan, President and Chief Executive Officer, Teradata. "We are taking decisive action across the business to improve our execution and efficiency to reaccelerate profitable growth. The underlying fundamentals of our business are strong. In a world where analytics and AI underpin a company's success, our hybrid cloud platform and foundation of trusted data and analytics are what they need to consistently deliver value to their business."
“Teradata在雲計算ARR方面再次實現強勁增長，不斷增加32％，同時我們在雲計算中保持了強勁的123％淨擴張率，”Teradata總裁兼首席執行官Steve McMillan表示：“我們正在業務的各個方面採取果斷行動以提高我們的執行力和效率，以重新加速盈利增長。我們的業務基本面良好，在一個以分析和人工智能爲成功基礎的世界中，我們的混合雲平台、可靠的數據和分析基礎才是企業實現業務價值的必備條件。”
Teradata shares fell 12% to trade at $25.66 on Tuesday.
週二，Teradata股價跌12％，報25.66美元。
These analysts made changes to their price targets on Teradata following earnings announcement.
這些分析師在業績公告後更改了對Teradata的價格目標。
- Morgan Stanley analyst Erik Woodring maintained Teradata with an Equal-Weight rating and lowered the price target from $44 to $30.
- Northland Capital Markets analyst Nehal Chokshi maintained the stock with an Outperform rating and cut the price target from $49 to $38.
- Barclays analyst Raimo Lenschow maintained Teradata with an Underweight rating and lowered the price target from $35 to $30.
- RBC Capital analyst Matthew Hedberg maintained the stock with a Sector Perform and lowered the price target from $40 to $32.
- Evercore ISI Group analyst Chirag Ved maintained Teradata with an Outperform and lowered the price target from $46 to $34.
- JMP Securities analyst Patrick Walravens downgraded Teradata from Market Outperform to Market Perform.
- 摩根士丹利的分析師Erik Woodring給予Teradata Equal-Weight評級，並將價格目標從44美元降至30美元。
- 北美證券市場分析師Nehal Chokshi給予該股票Outperform評級，並將價格目標從49美元降至38美元。
- 巴克萊銀行的分析師Raimo Lenschow給予Teradata Underweight評級並將價格目標從35美元降至30美元。
- RBC資本市場的分析師Matthew Hedberg給予該股票Sector Perform評級，並將價格目標從40美元降至32美元。
- Evercore ISI集團的分析師Chirag Ved給予Teradata Outperform評級，並將價格目標從46美元降至34美元。
- JMP證券的分析師Patrick Walravens將Teradata股票評級從Market Outperform下調至Market Perform。
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譯文內容由第三人軟體翻譯。