Teradata Q3 EPS Tops Street; Lifts Full Year Profit View

Teradata (TDC) this morning posted Q3 revenue of $425 million, down 3% from a year ago and a bit below the Street consensus estimate of $425.7 million. Non-GAAP profits of 38 cents a share, though, beat the Street at 29 cents. The data warehousing systems provider said sales were down 2% in the Americas, up 3% in EMEA and down 14% in Asia Pacific/Japan.

For all of 2009, the company repeated its previous forecast for revenue down 1%-3% in constant currency. The company, however, lifted its full year EPS forecast to a range of $1.34 to $1.38 a share, from $1.22 to $1.28.

TDC today is down 7 cents at $28.96.