Germany's TeamViewer trims revenue forecast on FX headwinds
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TeamViewer, a German software developer, has reduced its full-year revenue forecast due to foreign exchange headwinds, potentially impacting revenues by up to 11 million euros ($11.84 million).

November 06, 2024 | 6:45 am
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TeamViewer has lowered its revenue forecast for the year due to foreign exchange headwinds, which could negatively impact revenues by up to 11 million euros ($11.84 million).
The reduction in revenue forecast is directly related to foreign exchange headwinds, which are expected to negatively impact TeamViewer's financial performance. This is likely to lead to a short-term negative impact on the stock price as investors react to the lowered expectations.
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