TeamViewer SE Bearer Shares

TMV: XETR (DEU)
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TeamViewer Earnings: Beats Consenus Slightly, but SMB Segment Outlook Weakens; Shares Fairly Valued

TeamViewer slightly beat company-compiled consensus due to strong enterprise revenue growth, up 23% in constant currency. Its billings indicate continued enterprise momentum, but the small and midsize business segment is deteriorating. Shares were down around 10% intraday.

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