Temenos Q3 Profit Rises to $63.37 Million as Revenue Climbs 13.1%

Temenos AG (TMNSF.PK) reported third-quarter earnings of $63.37 million, or $0.92 per share, up from $44.36 million, or $0.65 per share, a year earlier. Excluding items, the banking software company posted adjusted earnings of $84.42 million, or $1.23 per share. Revenue for the period rose 13.1% to $292.50 million from $258.52 million last year. Annual recurring revenue stood at $903.6 million.