Picture of TeamViewer SE logo

TMV TeamViewer SE News Story

0.000.00%
de flag iconLast trade - 00:00
TechnologySpeculativeMid CapContrarian

TeamViewer's stock rises on Q2 beat

** 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))

Recent news on TeamViewer SE

See all news