Yazılar

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

/in /tarafından

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.

Tesla Raises U.S. Lease Prices After EV Tax Credit Expiration

/in /tarafından

Tesla (TSLA.O) has increased lease prices across all its models in the United States following the expiration of the $7,500 federal electric vehicle (EV) tax credit, which had significantly boosted EV demand over the past two years. The company’s website showed the new rates on Wednesday.

The price adjustment comes after Congress allowed key EV incentives to expire on September 30, ending tax breaks of $7,500 for new EVs and $4,000 for used EVs that were introduced under earlier clean energy legislation. Tesla and other automakers had used these credits to offer more attractive leasing options to consumers.

Higher Lease Prices Across the Lineup

Tesla’s Model Y, its best-selling vehicle, now leases for $529–$599 per month, up from $479–$529 previously. The Model 3, which recently underwent a design refresh, saw lease prices climb to $429–$759 per month, from $349–$699 before.
Despite these leasing changes, vehicle purchase prices remain unchanged on Tesla’s official site.

Market Pressure Mounts as Incentives Fade

The expiration of federal tax credits threatens to cool U.S. demand for electric vehicles, which had already shown signs of slowing after years of rapid expansion. Industry executives and analysts have warned that the loss of subsidies could deter new buyers, especially as higher interest rates and economic uncertainty weigh on household budgets.

According to Cox Automotive, Tesla’s U.S. market share fell to 38% in August, its lowest level in nearly eight years — a sharp decline from the over 80% share it once commanded. The fall reflects growing competition from established automakers like Ford, Hyundai, and GM, as well as new entrants from China and Europe.

Analysts said the lease price hike may further limit Tesla’s competitiveness in the short term, especially as rivals introduce lower-cost EV models and attractive financing options to capture former Tesla customers.

Capgemini to Acquire WNS for $3.3 Billion to Boost AI-Driven Outsourcing Services

/in /tarafından

France’s IT services giant Capgemini has agreed to purchase technology outsourcing firm WNS for $3.3 billion in cash, aiming to expand its portfolio of artificial intelligence (AI) tools for business process improvement, the company announced on Monday.

The acquisition will enable Capgemini to develop consulting services focused on enhancing company operations and cost efficiency through AI technologies, including generative AI and agentic AI, which it anticipates will attract substantial investment.

The deal values WNS shares at $76.50 each, a 17% premium over their closing price on July 3, excluding WNS’s financial debt. Capgemini’s interest in the India-based WNS, known for business process outsourcing (BPO) and data analytics, was initially reported by Reuters in April.

Capgemini CEO Aiman Ezzat highlighted that WNS’s “high growth, margin accretive and resilient Digital Business Process Services” would also strengthen Capgemini’s footprint in the U.S. market. WNS’s client roster includes major firms such as Coca-Cola, T-Mobile, and United Airlines.

In a media call, Ezzat noted that the acquisition would immediately open cross-selling opportunities in the U.S. and the U.K. The deal is expected to close by the end of 2025 and to be accretive to Capgemini’s revenue and operating margin from day one.

Despite the strategic rationale, Capgemini’s shares dropped about 5% after the announcement, making it one of the biggest decliners on Europe’s STOXX 600 index. Morgan Stanley analysts expressed concerns that the deal might restrict Capgemini’s financial flexibility and have limited immediate financial impact.

Analysts also cautioned that generative AI could disrupt the traditionally labor-intensive BPO market, potentially affecting Capgemini’s revenue and introducing new competitors. They noted the market might need more proof that WNS is the optimal vehicle for leveraging AI to transform BPO services.