ASX:TNE

TechnologyOne Drops on Record Profit as Investors Look for Bigger Gains
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TechnologyOne Drops on Record Profit as Investors Look for Bigger Gains

TechnologyOne shares closed down 2.9% at A$27.80 Tuesday after reporting record first-half profit and reaffirming FY26 growth guidance. Profit before tax rose 9% to A$89.1 million for the half, with annual recurring revenue up 17% to A$598.0 million. The company lifted its interim dividend to 8.0 cents. Investors sold after results met, but did not exceed, expectations.
May 20, 2026

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