Australia's TechnologyOne falls as company misses estimates for half-year profit

TECHNOLOGY ONE

19/05/2026 02:18

** Shares of TechnologyOne TNE.AX fall 3.6% to A$27.62, on track for their worst day since April 9, if moves hold

** The enterprise software provider posts net profit attributable of A$66.8 million ($47.76 million), missing Visible Alpha consensus A$66.9 million

** Total annual recurring revenue (ARR) of A$598.0 million Vs VA Alpha consensus A$599.1 million

** TechnologyOne stock down 1.4%, YTD

($1 = 1.3986 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))