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

We recently published 10 Big Names Leading Wall Street Gains. Teradata Corp. (NYSE:TDC) is one of the best-performing stocks on Wednesday.

Teradata saw its share prices climb by 32.59 percent to close at $27.46 apiece as investor sentiment was boosted by its strong earnings performance and a higher earnings outlook for full-year 2025.

In an updated report, Teradata Corp. (NYSE:TDC) said that net income jumped by 25 percent to $40 million from 32 million in the same period last year, despite revenues dropping by 5 percent to $416 million from $440 million year-on-year.

Notably, the revenue drop was lower than the company’s expected 7 to 9 percent decline.

“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,” said Teradata Corp. (NYSE:TDC) President and CEO Steve McMillan.

Following the results, the company raised its diluted earnings per share (EPS) growth outlook for full-year 2025 to a range of $1.22 to $1.26 from the $1.04 to $1.12 previously.

However, it maintained expectations of a revenue decline between 5 and 7 percent year-on-year, alongside a 3 to 5 percent recurring revenue drop in the same comparable period.

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Disclosure: None. This article is originally published at Insider Monkey.