October 17, 2019 / 7:29 AM / a month ago

BRIEF-Temenos Q3 IFRS EBIT Up At USD 61.5 Million

Oct 17 (Reuters) - TEMENOS AG:

* SAID ON WEDNESDAY Q3 IFRS REVENUE WAS USD 228.0 MLN, UP 10% VS Q3 2018

* 2019 GUIDANCE REVISED FOR ACQUISITION OF KONY

* SEES NON-IFRS TOTAL SOFTWARE LICENSING GROWTH AT CONSTANT CURRENCIES OF 19.5% TO 22.5%, REVISED FROM 17.5% TO 22.5%

* SEES NON-IFRS REVENUE GROWTH AT CONSTANT CURRENCIES OF 18% TO 20%, REVISED FROM 16% TO 19%

* SEES NON-IFRS EBIT AT CONSTANT CURRENCIES OF USD 310M TO 315M

* SEES 100%+ CONVERSION OF EBITDA INTO OPERATING CASH FLOW

* SEES FY 2019 TAX RATE OF 14% TO 15%, REVISED FROM 15% TO 16%

Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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