ReutersReuters

Teamviewer on track for all-time low after guidance cut

RefinitivCzytanie zajmuje mniej niż 1 minutę

** Shares in German software company Teamviewer TMV are down 21.4%, on track for its lowest price ever if losses hold

** A local trader points to Q3 results reported on Tuesday that cut 2025 annual recurring revenue (ARR) guidance to between 780 and 800 million (previously between 815 and 840 million euros)

** Teamviewer expects full year revenue to remain within its original guidance range of between 778 million and 797 million euros , but at the lower end of the range

** It cites weakness in its recently acquired digital workplace 1E business where year on year sales dropped 8% versus overall revenue growth of 4% on a constant currency basis

** Including today's fall the stock has dropped by 30.01 % YTD

($1 = 0.8575 euros)

Zaloguj się lub utwórz zawsze darmowe konto, aby przeczytać te wiadomości