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SRH AlsterResearch AG: TeamViewer AG - Q1 with healthy billings; Upgrade to BUY; PT down

SRH AlsterResearch AG: TeamViewer AG - Q1 with healthy billings; Upgrade to BUY; PT down

Nachrichtenquelle: AlsterResearch AG
05.05.2021, 13:03  |  309   |   |   

TeamViewer reported a strong start to 2021, with Q1 2021 billings and revenues rising despite tough comps, while adjusted EBITDA margin was broadly stable yoy due to increased promotional spend.

TeamViewer Aktie jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de

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SRH AlsterResearch AG: TeamViewer AG - Q1 with healthy billings; Upgrade to BUY; PT down TeamViewer reported a strong start to 2021, with Q1 2021 billings and revenues rising despite tough comps, while adjusted EBITDA margin was broadly stable yoy due to increased promotional spend. For 2021, the group is on track to achieve its revised targets in March.

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