** German software company TeamViewer TMV.DE shares rise 4.5%, pares gains after rising as much as 11.2%, after it published second quarter results ahead of expectations
** TeamViewer's Q2 revenue reached 190.7 million euros($220.05 million), up 6% y/y, while its adjusted EBITDA rose by 17% to 84 million euros
** "Teamviewer reported Q225 results above Visible Alpha consensus with a positive margin surprise (...) FY25 outlook reiterated with an optimistic tone. No negative surprise," a local broker comments
** TeamViewer's stock tops Germany's mid-caps index .MDAXI
** Up to the previous session's close, shares were down 3.4% YTD
($1 = 0.8666 euros)
(Reporting by Tristan Veyet)
((Tristan.chabba@thomsonreuters.com))