Teradata sees FY24 EPS $2.30-$2.34, consensus $2.25

Teradata (TDC) updates public cloud ARR growth of 18% to 22% year-over-year, in constant currency. Teradata reaffirms the following ranges: Total ARR in the range of -2% to -4% year-over-year, in constant currency; Recurring revenue in the range of flat to -2% year-over-year, in constant currency; Total revenue in the range of -2% to -4% year-over-year, in constant currency; Cash flow from operations of $290M-$310M; Free cash flow of $270M-$290M.