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TEMN Temenos AG News Story

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Temenos seen rising after 'solid' quarter

** Shares in Temenos TEMN.S up 4% in Julius Baer premarket trade after the Swiss software company posts strong Q1 results

** "Temenos delivered another solid quarter in a stable sales environment, continuing the positive trends reported from previous quarters," Vontobel analysts say

** The broker notes revenue grew by 12% to 253 million USD, beating consensus estimates

** The analysts also say EBIT margin of 32.7% was solid

** Temenos is the top gainer in pre-market indications of the SMI MID price index .SSMI

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))

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