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

Q1 2022 Temenos AG Earnings Call Transcript

Apr 26, 2022 / 04:30PM GMT

Release Date Price: $89.5 (-3.25%)

Transcript

Operator

Ladies and gentlemen, welcome to the Temenos Q1 2022 Results Conference Call and Live Webcast. I am Alice 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, sir.

Max Chuard

Temenos AG - CEO

Thank you, operator. Good afternoon, and thank you for joining today's call to run through our Q1 results. I hope you've been able to access our results presentation on our website. As usual, I'll give an overview of the business performance before handing it back to Takis to talk through the numbers.

Starting with Slide 7. I'd like first to address the demand environment as well as an overview of the quarter. Our disruptive technology is driving considerable challenges for banks. Customer expectations are increasing. There is intense competition and banks face big financial pressures.

At the same time, we see new business model like

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