India, May 6 -- TeamViewer SE (TMVWY.PK,TMV.DE), a German technology company, on Wednesday reported higher profit for the first quarter compared to prior year as revenues increased. Further, the company reaffirmed fiscal 2026 guidance.
In the first quarter, net profit increased 15 percent to 34.19 million euros or 0.22 euro per share from 29.63 million euros or 0.19 euro per share last year.
On an adjusted basis, income was 45.3 million euros, compared with 45.6 million euros a year ago. Adjusted earnings per share was 0.29 euro, matching the prior year period.
Adjusted EBITDA increased 2 percent to 83.0 million euros from 81.7 million euros a year earlier. Adjusted EBITDA margin reached 45.3 percent, compared to 42.9 percent last year....