Temenos falls after confirming outlook
23/07/2026 08:25
BUZZ-Temenos falls after confirming outlook ** Shares in Temenos TEMN.S fall 9% after the banking software company reiterated its outlook
** "Given that revenues fell short of expectations and FY2026 guidance was not raised, we do not expect a positive market reaction to the Q2 2026 results," analysts at Zuercher Kantonalbank say in a note
** Q2 annual recurring revenue (ARR) was $881 million, slightly above the company-provided consensus of $880.3 million but below ZKB's forecast of $883 million
** The stock is among the worst performers at the pan-European index .STOXX and on track for its worst day since September 2025
(Reporting by Paolo Laudani in Gdansk)
Recent news on Temenos AG
See all newsBrief: Temenos Says Sound Credit Union Selects Temenos Saas To Modernize Collections Operations
Live Markets: It doesn't matter to be in the DAX
Live Markets: EU software: No evidence yet of AI disruption
Brief: Temenos Announces New Share Buyback Program of Up To CHF 100 Mln
Top of the Street: Veolia, Fresenius Medical Care, Temenos and Talanx