TDC - Teradata: Stock Doubles In A Week - Beating Snowflake At Its Own Game?
- The market is crazy. Teradata's market-cap doubled in less than a week on a cloud-analytics driven earnings beat.
- In Q4, public cloud ARR increased 165% yoy. EPS, cash from operations, and free cash flow all exceeded the company's expectations.
- The Q4 results affirmed the company's strategic makeover and data analytics Vantage Platform for the cloud is a resounding success.
- Teradata's CEO even went so far on the conference call to say TDC is taking customers away from high-flying Snowflake.
- In my opinion, TDC's data analytics platform for the cloud (a SaaS-based model) will lead to higher recurring revenue and higher margin for years to come.
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Teradata: Stock Doubles In A Week - Beating Snowflake At Its Own Game?