Strong Enterprise Growth
Enterprise business saw a 15% year-over-year growth in constant currency, contributing to a solid pro forma revenue growth of 6%. Profitability remained robust with an adjusted EBITDA up 17% year-over-year and a margin of 44%.
Progress with Product Integration
Successfully integrated 1E technology into the product portfolio, launching DEX Essentials and TeamViewer ONE, which are expected to drive significant growth in the digital workplace market.
Record EMEA Revenue
EMEA region delivered almost EUR 100 million in revenue, up 8% year-over-year, underscoring the resilience and adaptability of the business.
Promising Pipeline for H2
A promising pipeline is in place for the second half of the year, with expectations for growth acceleration and larger deal sizes, particularly in Q4.
Improved Cash Flow and Leverage
Pro forma net leverage ratio improved to 2.9x, with a strong cash conversion rate of 71% in Q2.