Technology One Posts Higher Fiscal H1 Earnings, Revenue; Reaffirms Fiscal 2026 Outlook

MT Newswires Live

May 19

Technology One (ASX:TNE) reported Tuesday fiscal first-half earnings of AU$0.2028 per share, up from AU$0.1908 a year earlier.

Analysts polled by FactSet expected earnings of AU$0.20.

Revenue for the six months ended March 31 was AU$322.7 million, compared with AU$291.3 million a year earlier. Analysts surveyed by FactSet expected AU$330.9 million.

The company reaffirmed its upgraded fiscal 2026 guidance, targeting the top end of its range with projected profit before tax growth of 18% to 20% year on year and annual recurring revenue growth of 16% to 18% year on year.

The board declared an interim dividend of AU$0.08 per share, up from AU$0.066 a year earlier, payable June 12 to shareholders on record as of May 29.

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