Teradata shares are trading lower after the company reported mixed Q1 financial results and issued Q2 guidance.
Portfolio Pulse from Benzinga Newsdesk
Teradata's shares dropped following mixed Q1 financial results and the release of Q2 guidance.

May 07, 2024 | 10:54 am
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NEGATIVE IMPACT
Teradata's shares declined due to mixed Q1 financial outcomes and Q2 guidance.
The mixed financial results for Q1 indicate that Teradata may have faced challenges in meeting revenue or profit expectations, which can lead to investor uncertainty. The Q2 guidance provided by the company could further influence investor sentiment if it suggests continued or additional challenges ahead. These factors combined are likely to have a negative impact on the stock price in the short term as investors reassess their positions based on the new financial data and future expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100