TeamViewer AG : Management sounds willing to share insights - upgrade to Outperform
>Q3 finals: more favourable enterprise mix – core KPIs pre-released - On 6 October, TeamViewer was pressured to issue a severe warning on the back of a softer- than-anticipated re-acceleration in Q3 after a disappointing Q2 performance. Therefore, final Q3 results revealed limited incremental news as core KPIs were released already: no billings growth acceleration in Q3 at 18% y-o-y forex adjusted, low subscriber growth (at 5k v. high-teens in recent quarters) with no...Teamviewer AG. TeamViewer AG is a Germany-based company engaged in the software development. The Company focuses primarily on the cloud-based technologies that enable online remote support and collaboration globally. The Company offers software solutions to remotely access and connect any computer, tablet, laptop, mobile device and Internet of Things (IoT) endpoint, such us industrial machines to allow remote control, management and monitoring of devices, as well as interaction and collaboration. Its product portfolio includes TeamViewer, TeamViewer Tensor, TeamViewer Pilot, TeamViewer loT, TeamViewer Remote Management, servicecamp and Bizz. The Company has offices in Europe, the United States and Asia Pacific.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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