TeamViewer AG : Massive warning questioning core of investment case – down to Neutral
>A warning for 2021 was anticipated, but dimension is worse… - The key discussion point post weak Q2 results was around management’s confidence to reach the low point of the billings growth guidance as this implies a considerable H2 acceleration compared with H1 – now we know market’s scepticism was right: TeamViewer warned on its FY 2021 outlook. Billings are now seen at € 535m to € 555m (after lower end of € 585m to € 605m) and an EBITDA adjusted margin of 44% to 4...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.