Teradata Corporation  (TDC)
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   Industry Software & Programming
   Sector  Technology

Very demanding fiscal period at the company all along the financial third quarter of 2022

company delivered third quarter of 2022 operating profit of $25 millions

Published 2022-11-10T16:21:43+00:00
Goran Soko / CSIMarket.com Contributer

podium_By_James38_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsFor the third quarter of 2022 company earnings per share dived by -79.49 % of $0.08 per share compare to $0.39 a year prior and EPS dropped by -75.76 % from $0.33 per share from the preceding reporting period.

Revenues declined respectably by -15.071 % to $417.00 millions from $491.00 millions in the comparable reporting period a year prior and sequentially Revenues fell by -15.927 % from $496.00 millions.

Net income of $8.000 millions in the third quarter of 2022 fell by -81.82 % from $44.000 millions in the corresponding period a year before. Looking further into third quarter of 2022 Teradata Corporation's profitability, operating margin mitigated to 6%, and net margin shrank to 1.92%.
Operating earnings, fell -64.29% to $25 millions, squeezing Teradata Corporation's operating margin to %.

Teradata Corporation is expected to report next financial earnings on February 24, 2023.

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