Teradata (TDC) Soars 32% on Q3 Blowout, Upbeat Outlook

Core Insights - Teradata Corp. (NYSE:TDC) experienced a significant stock price increase of 32.59% to close at $27.46, driven by strong earnings performance and an optimistic earnings outlook for 2025 [1][3] Financial Performance - Teradata reported a net income increase of 25% to $40 million, up from $32 million in the same period last year, despite a revenue decline of 5% to $416 million from $440 million year-on-year [2] - The revenue drop was less severe than the company's anticipated decline of 7 to 9 percent, indicating better-than-expected performance [3] Future Outlook - The company raised its diluted earnings per share (EPS) growth outlook for full-year 2025 to a range of $1.22 to $1.26, up from the previous range of $1.04 to $1.12 [4] - Teradata maintained its expectations for a revenue decline of 5 to 7 percent year-on-year, along with a recurring revenue drop of 3 to 5 percent in the same comparable period [4]