'Very solid' Q2 results boost TeamViewer

TeamViewer SE

01/08/2023 07:29

** Shares in TeamViewer  TMV.DE  are up 3.2% in early
Frankfurt trade after the company reported Q2 results above
expectations 
    ** Local trader says the results are "very solid", adds that
Billings beat is "pleasing with good Enterprise" growth 
    ** "On the first view, strong reporting should push shares
higher", a local trader says
    ** The software developer posted a Q2 revenue of 154.2
million euro ($169.56 million) and an EBIT of 39.4 million euro 
  
    ** TeamViewer tops German mid-cap index  .MDAXI  in
pre-market

($1 = 0.9094 euros)

 (Reporting by Paolo Laudani)
 ((Paolo.laudani@thomsonreuters.com))