FILE PHOTO: The logo of software company TeamViewer AG is pictured during TeamViewer's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 25, 2019. REUTERS/Ralph Orlowski/File Photo
BERLIN (Reuters) - Remote connectivity software specialist Teamviewer on Thursday reported weaker-than-expected billings growth in the second quarter but stood by its full-year outlook due to strong trading in June.
Billings growth, the German company's preferred top-line metric, grew around 15% in the second quarter on a reported basis and by 18% at constant currencies, below its projections of at least 20% growth.
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