Temenos Raises 2026 Profit Outlook
Swiss banking software firm Temenos raised its full-year profit outlook to twelve percent growth. The company reported solid third-quarter annual recurring revenue amid strong business momentum.
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TEMENOS AG - REG raised its 2026 non-IFRS EBIT growth outlook to around 12% at constant currency on Tuesday morning, up from 9% previously. The upgrade follows strong third-quarter recurring revenue and ongoing cost savings across the Switzerland-based banking software provider's operations. Investors are tracking software margin expansion as traditional lenders accelerate digital core modernizations.
