Temenos AG (XSWX:TEMN)
CHF 56.9 -0.2 (-0.35%) Market Cap: 4.12 Bil Enterprise Value: 4.63 Bil PE Ratio: 34.45 PB Ratio: 6.34 GF Score: 82/100

Q3 2021 Temenos AG Earnings Call Transcript

Oct 14, 2021 / 04:30PM GMT
Release Date Price: CHF133.55 (-1.07%)
Operator

Ladies and gentlemen, welcome to Temenos Q3 2021 Results Conference Call and Live Webcast. I'm Joel, 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 & Member of the Executive Committee

Thank you, operator. And good afternoon, and thank you for joining us today. I hope you've been able to access our results presentation on our website. I will start with a review of our Q3 performance. Then I will hand over to Takis to run through the financials before giving some concluding remarks.

Starting on Slide 7. We saw strong momentum in our business this quarter. The environment continues to improve, and more banks are pushing ahead with IT transformation. This is reflected in our license and SaaS, which both performed strongly in Q3. SaaS was accelerated to 30% growth in the quarter, and license were up 20

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