Apr 22, 2025 / 04:30PM GMT
Jean-Pierre Brulard - Temenos AG - Chief Executive Officer, Member of the Executive Committee
Good evening, and good afternoon. Thank you all for joining us for our Q1 '25 results call. I would like to talk through our key performance and operational highlights for the quarter before handing over to Takis.
So starting with an overview of the quarter. The sales environment were stable until the last two weeks of the quarter, when we are starting to see a number of deals being pushing out because of the macro uncertainty. We have not lost these deals and currently expect them to sign in Q2.
Indeed, several have done already signed in the first three weeks of April. The underlying business performance was quite strong with high-teens growth in software licensing, mainly for subscription. This largely compensated for the impact of downsell for large customers running Buy Now Pay Later, BNPL on our SaaS platform.
And it's important to note that we have anticipated that when we announced our guidance in February. And let me add as well that the BNPL customer was one
Q1 2025 Temenos AG Earnings Call Transcript
2 days ago
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