TeamViewer AG : Q4 better than feared, but only a starting point
>Q4 billings growth remains at high-teens levels – in line with guidance - TeamViewer reported preliminary FY 2021 results: € 548m billings (€ 543m consensus, 1% beat) and € 254-257m EBITDA adj. (€ 245m consensus, 4% beat at mid-point) - better than feared. The implied Q4 billings growth of 17% y-o-y FX adj. (20% y-o-y rep.) was in line with recent quarters (c.18% in Q2/Q3). The key driver for high-teens billings growth was again the enterprise business, but also an i...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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