Teradata warns FY2023 Public Cloud ARR may land at low end or below 53-57% guidance

TERADATA CORP /DE/

CFO noted elongated deal cycles; a low-eight-figure transaction could slip to 2024.
Public Cloud ARR guided 53%-57% in Q3; now could end at low end or slightly below the range.
Company is not updating other 2023 guidance (revenue, EPS, free cash flow, total ARR).
Disclosure made at Barclays Global Technology Conference on Dec 7, 2023.

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