EQS-News: TeamViewer with high 44% margin and 10% revenue growth in Q3 2023; on track to reach full year guidance
On the back of this, the definition of the Adjusted EBITDA changed from a Billings to a Revenue perspective.
- On the back of this, the definition of the Adjusted EBITDA changed from a Billings to a Revenue perspective.
- During Q3, TeamViewer has worked on a major update of the Tensor solution, which was released end of October.
- The company delivered a solid 10% revenue growth in Q3 2023 while the Adjusted (Revenue) EBITDA grew even stronger, by 19%, resulting in a high 44% margin.
- The early extension of his contract will allow him to focus on further developing and executing TeamViewer’s growth strategy.