Temenos ( (TMNSF) ) has released its Q2 earnings. Here is a breakdown of the information Temenos presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Temenos AG, a global leader in banking technology, specializes in providing adaptable core banking solutions and modular services for banks worldwide, enhancing customer experiences through AI-enhanced technology. In its latest earnings report, Temenos announced strong financial results for the second quarter of 2025, highlighting significant growth in key areas and an optimistic outlook for the remainder of the year. The company reported a 17% increase in total revenues, reaching USD 277.6 million, and a notable 28% rise in non-IFRS EBIT, reflecting strong cost control and efficient execution. Subscription and SaaS revenue saw a substantial 24% growth, while free cash flow increased by 8% year-on-year. Temenos also completed the sale of Multifonds, contributing to its robust financial position. Looking ahead, Temenos has raised its guidance for FY-25, expecting continued growth in subscription and SaaS, EBIT, and EPS, while reaffirming its ambitious targets for FY-28. The company’s strategic investments in AI and cloud technology, along with its expansion in key markets, position it well for sustained growth.