TeamViewer AG : Model update, Permira share sales, share repurchases and an attractive entry point?
>Macro-economic challenges and high Q4 comps merit slight downward revision - Given the robust performance in the comparable fourth quarter of 2022 (billings increased by +24.0% y-o-y to € 193.1m), it is imperative to acknowledge that growth in Q4 this year will likely be subdued. In addition to a high comparable basis, we see some foreign exchange headwinds and expect relatively tepid demand from SMB and enterprise businesses in Q4. We adjust our model ...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.