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TeamViewer Lowers 2025 Revenue Outlook Amid Weak Performance at 1E Unit

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TeamViewer (TMV.DE) said on Tuesday it now expects its 2025 revenue to come in at the lower end of its previous guidance—between €778 million and €797 million ($907 million–$929.5 million)—as weakness in its recently acquired 1E business continues to weigh on growth.

The 1E unit, acquired in December 2024, develops software that helps detect and fix IT issues but has underperformed expectations. TeamViewer cited “ongoing transformation efforts and persistent macroeconomic challenges” as reasons for the slowdown. The unit’s annual recurring revenue fell short of projections, with sales slipping 8% in the third quarter, even as overall company revenue rose 4% at constant currency.

TeamViewer said the downturn reflects not only Europe’s sluggish economic climate but also macroeconomic headwinds in the United States, where 1E traditionally has its strongest customer base. CFO Michael Wilkens noted that turnaround efforts for the business “will take time to materialize,” dampening near-term growth prospects.

As a result, TeamViewer cut its overall annual recurring revenue forecast to €780–€800 million, down from €815–€840 million previously, and trimmed its 2026 revenue growth outlook to 2%–6%. To mitigate the impact, the company said it will introduce new cost-cutting initiatives.

Despite the weaker revenue forecast, TeamViewer raised its adjusted EBITDA margin target for 2025 to 44% from 43%, crediting tighter cost control and improved operational efficiency. The company said its long-term focus remains on strengthening recurring revenue and restoring growth momentum at 1E.

Tupperware Files for Bankruptcy as Demand Declines

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Tupperware Brands, the iconic U.S. maker of food storage containers, has filed for bankruptcy alongside several of its subsidiaries as it grapples with growing financial losses. The 78-year-old company, known for its airtight containers, will request court approval to initiate a sale process and plans to continue operations during bankruptcy proceedings.

Tupperware had issued a warning last year that it might collapse without an urgent injection of funds. However, efforts to attract younger customers amid falling demand have not been enough to reverse the company’s struggles.

Tupperware’s CEO, Laurie Ann Goldman, acknowledged the impact of the current economic climate on the company’s declining financial health, stating, “Over the last several years, the company’s financial position has been severely impacted by the challenging macroeconomic environment.” This announcement came as the company’s shares tumbled more than 50% earlier this week following reports of its planned bankruptcy filing.

For years, Tupperware has battled falling sales due to cheaper alternatives in the marketplace. Despite a brief uptick in demand during the COVID-19 pandemic, when more people were cooking at home, the company saw sales continue to plummet afterward. Additionally, the rising costs of raw materials, wages, and transportation have further diminished its profit margins.

Founded in 1946 by Earl Tupper, the company revolutionized food storage with its flexible, airtight seal technology, which became indispensable when refrigerators were a luxury for many households. However, it wasn’t until pioneering saleswoman Brownie Wise introduced the now-famous “Tupperware parties,” where women sold the product in their homes, that the brand gained traction and widespread recognition.

Though Tupperware is now sold in 70 countries worldwide, its dominance in the market has waned. The company, once synonymous with food storage, now faces the challenge of adapting to a rapidly evolving retail landscape.