Get ready to hear the word “cautious” repeated ad nauseam on forthcoming Technology company EPS calls this month and next.
- Temenos (tkr: TEMN), is one such example. You may read the FinTech company’s Q4 press release here: https://www.temenos.com/news/2023/01/16/temenos-pre-announces-preliminary-q4-and-fy-2022-results-bxf9181m/
- Temenos also announced a CEO change. I expect to see more CEO changes than normal in 2023. Few long-time, tired CEOs will want to fight through this global economic downturn.