Teradata, a publicly owned company headquartered in the US, was founded in 1979 and employs approximately 10,790 individuals. The company specializes in software development, offering a connected multi-cloud data platform designed for enterprise analytics.

Revenue

Founded

1979

Headcount

10,784

Headquarters

United States

Primary Segment

Software Development

Ownership

Publicly Owned

News Summary:

Teradata's shares recently moved higher, gaining 5% on strong volume as investors focused on improving cloud growth, rising earnings estimates, and expanding VantageCloud partnerships with major hyperscale providers. This followed the company's June 24 securing of a new unsecured $400 million five-year revolving credit facility with Bank of America, which replaced its 2022 credit agreement. The new facility includes $50 million sublimits for letters of credit and swingline loans, optional upsizing by $200 million, and up to $100 million available in select foreign currencies. Earlier on June 24, Teradata reported its first quarter 2025 financial results, announcing a 15% increase in public cloud annual recurring revenue (ARR) to $606 million. The company also posted a 15.8% GAAP operating margin, a 21.8% non-GAAP operating margin, and a 10.5% GAAP net income of $44 million, while reaffirming its 2025 cloud and total ARR growth outlook and providing guidance for the second quarter and full year 2025.
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