Teamviewer is growing strongly in the fourth quarter

Source: Heise.de added 11th Jan 2021

  • teamviewer-is-growing-strongly-in-the-fourth-quarter

The company was able to achieve its goals for 2020 easily outperform.

(Image: II.studio/Shutterstock.com)

The software provider Teamviewer also posted significant growth in the fourth quarter and set its own goals for 2020 slightly exceeded. According to provisional figures, billings for the full year 584 were around 460 million euros, as the MDax company announced on Monday in Göppingen.

In the fourth quarter, the in Revenue invoiced currency-adjusted by 32 percent and thus almost as strong as in the third quarter.

Just above the target mark Without the acquisition of the software specialist Ubimax, the billings would have been at 456 million euros, it was said by Teamviewer. That is slightly more than the upper end of the targeted range of up to 32 million euros. In the fourth quarter, the number of subscribers grew from 567000 on over 584 000, the number of particularly large customers also continued to increase. The company will present the full financial figures on February 9th.

The company benefited from the demand for remote access and home office systems due to the corona-related lockdown and was able to oppose the claim general economic downturn.

(kbe)

Read the full article at Heise.de

brands: Million  Office  Strong  
media: Heise.de  
keywords: Software  

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