Temenos AG (OTCPK:TMSNY)

$ 70.92 -0.87 (-1.21%) Market Cap: 5.16 Bil Enterprise Value: 5.89 Bil PE Ratio: 36.00 PB Ratio: 10.02 GF Score: 81/100

Q3 2019 Temenos AG Earnings Call Transcript

Oct 16, 2019 / 04:30PM GMT

Release Date Price: $167.01 (-2.67%)

Transcript

Operator

Ladies and gentlemen, welcome to the TemenosÂ Q3 2019 Results Conference Call and Live Webcast. I am Sandra, the Chorus Call operator. (Operator Instructions) And the conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Max Chuard, CEO. Please go ahead.

Max Chuard

Temenos AG - CEO & Member of the Executive Committee

Thank you. Good afternoon and thank you for joining today's call. I hope you've been able to access our results presentation on our website or through the webcast. I will start with some comments on our Q3 performance, and then I will hand over to Takis for an overview of the financials before giving some concluding remarks.

So starting on Slide 7. We continued our momentum from the first half to deliver total software licensing growth of 15% in the quarter, and we've now delivered total software licensing growth of 20% year-to-date. In particular, we've seen strong momentum in our SaaS business with revenues up 93% and ACV

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