Teradata reports Q3 adjusted EPS 72c, consensus 54c

Reports Q3 revenue $416M, consensus $406.3M. Reports third quarter Total ARR of $1.490 billion, an increase of 1% as reported and flat in constant currency from the prior year period. “Q3 marked another quarter of solid execution as we beat our revenue and recurring revenue guidance ranges, as well as delivered non-GAAP earnings per share and free cash flow ahead of expectations. We are affirming our outlook for 2025,” said Steve McMillan, president and CEO, Teradata (TDC). “The Teradata knowledge platform is ideal for today’s agentic AI workloads with always-on, massive, and complex query volumes that require performance and context for trusted results. This is Teradata’s sweet spot, and our customers know they can rely on Teradata to run those workloads where they choose – the cloud or on-prem, or both.”