Hey, just some anonymous employee still here at Teradata dropping this on the DL.
Stock dip today? Whatever, man. We beat the numbers with Q2 revenue at $410 million and adjusted EPS of $0.69, both above estimates, plus we raised full-year EPS guidance to $2.65 to $2.73. Share price closed at $26.23 after dropping from $34.39 but is still nowhere near the bottom. Market just freaked out over careful Q3 talk. Classic drama, nothing real.
Layoffs? Good riddance. Half those people were straight-up coasting, half-assing everything and collecting a paycheck for basically existing. Cutting the lazy ones was long overdue. Now the rest of us can actually get sh-t done
On another note, the ELT is ki-ling it, making the hard calls and keeping us focused. That’s the actual win.