Teradata reports Q3 EPS 69c, consensus 56c

Reports Q3 revenue $440M, consensus $416.97M. “In the third quarter, we grew our cloud business, delivered innovations that strengthen our market position, and added new customers and partners. We are seeing customers increasingly leverage our hybrid capabilities as they transform and commit to Teradata (TDC) for the long term,” said Steve McMillan, President and Chief Executive Officer, Teradata. “We firmly believe in Teradata’s differentiated technology and future growth, and we remain focused on accelerating growth and improving execution.”