Software AG released a very encouraging set of Q3 results, which clearly showed a strong improvement sequentially. Although there is still a mixed performance among divisions, with DBP (excluding IoT) back in positive territories and DBP Cloud & IoT declining, we have started to see the early benefits of the Helix strategy. Buy rating confirmed.
23 Oct 2019
Better-than-expected, Helix is on track
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Better-than-expected, Helix is on track
Software AG released a very encouraging set of Q3 results, which clearly showed a strong improvement sequentially. Although there is still a mixed performance among divisions, with DBP (excluding IoT) back in positive territories and DBP Cloud & IoT declining, we have started to see the early benefits of the Helix strategy. Buy rating confirmed.