BERLIN (Reuters) – Teamviewer, the remote connectivity software specialist, on Thursday reported weaker-than-expected billings growth in the second quarter but stood by its full-year outlook on the back of strong trading in June.
Billings growth, the German company’s preferred top-line metric, grew around 15% in the second quarter on a reported basis and by 18% at constant currencies, below its projections of at least 20% growth.
(Reporting by Douglas Busvine; Editing by Riham Alkousaa)
