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SAN DIEGO - Teradata Corporation (NYSE: TDC), a cloud analytics and data platform provider with annual revenue of $1.75 billion and a robust 60.7% gross margin, announced Monday the appointment of John Ederer as its new Chief Financial Officer, effective May 12, 2025. Ederer, a seasoned finance executive with over 25 years of experience in the software industry, joins Teradata’s Executive Leadership Team and will report directly to President and CEO Steve McMillan. According to InvestingPro, the company maintains a GOOD financial health score, suggesting strong operational fundamentals.
Ederer’s career includes financial leadership roles at several high-profile software companies. Before joining Teradata, he served as CFO of Model N, where he implemented a profitable growth strategy. At K2 Software, Inc., Ederer led a significant business turnaround, transitioning the company to a subscription revenue model and culminating in a successful sale to Nintex. His earlier tenure includes positions at TIBCO Software, SAP, Business Objects, and Ariba, and he began his career in investment banking focusing on enterprise software and healthcare sectors. Ederer joins at a crucial time, with Teradata’s stock having declined over 40% in the past year, though InvestingPro analysis suggests the stock is currently trading below its Fair Value.
In his new role at Teradata, Ederer will oversee financial operations, including accounting and reporting, corporate development, financial planning and analysis, internal audit and controls, investor relations, tax, and treasury. CEO McMillan highlighted Ederer’s strategic financial acumen and his track record of investor-focused reporting and forecasting discipline as key assets that align with Teradata’s shareholder expectations.
Ederer expressed enthusiasm for his new position, emphasizing Teradata’s strong position in data analytics and the potential growth opportunities in the AI market. He is committed to driving financial performance and profitability while capitalizing on the dynamic AI marketplace.
This announcement is based on a press release statement from Teradata. The company, known for its cloud analytics and data platform designed for AI, aims to empower organizations with trusted information for better decision-making and innovation. With its next earnings report due on May 6, 2025, investors can access detailed analysis and 12 additional ProTips through InvestingPro’s comprehensive research report. Teradata and its logo are trademarks of Teradata Corporation in the U.S. and other countries.
In other recent news, Teradata Corporation reported fourth-quarter revenue of $409 million, which was 11% lower than the previous year and fell short of the analyst consensus of $414.95 million. Despite this, the company’s adjusted earnings per share exceeded expectations at $0.53, compared to the projected $0.44. However, Teradata’s guidance for 2025 disappointed investors, with anticipated earnings per share for Q1 and the full year below analyst projections. In a related development, Guggenheim Securities adjusted Teradata’s price target to $37 from $42 while maintaining a Buy rating, citing challenges in meeting financial targets and management changes. The firm noted a downward revision in Teradata’s Cloud Annual Recurring Revenue target to approximately $700 million for 2025, with an expected revenue decline of 4-6% year-over-year. Additionally, Teradata recently appointed Sumeet Arora as Chief Product Officer and Michael Hutchinson as Chief Operating Officer, reflecting significant changes in its executive team. Meanwhile, JMP analysts maintained a Market Outperform rating for Teradata following the launch of its Enterprise Vector Store, which integrates NVIDIA’s NeMo Retriever microservices. This product is currently in private preview, with a broader release anticipated in July 2025.
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