Not really though. Theresa May called the election to increase her majority in the house of commons and get a 'mandate' from the British people that she can basically do whatever she likes without even really having to worry about any rebels within her own party, never mind the opposition. Instead, she has lost her overall majority and will have to, at the very least, make some compromises in order to find a solution. The chances of seeing Corbyn in number 10 are extremely slim, but that doesn't mean that these results haven't significantly eroded the strength of the Tories.
Edit: Oh, and that's not even getting to the vastly increased likelihood that another election will be called well before the 5 year term, and the message that it has given to the Conservatives regarding what a large proportion of the population thinks of their choice of policies.