Better-than-expected FY revenue boosts TeamViewer shares

** Shares in TeamViewer TMV surge 11.4%, set for their best day in over five months, after the German software company reported FY revenue above its own guidance

** FY revenue up 9% in constant currency at 671 million euros ($693.01 million), surpassing the company's guidance of 662-668 million euros

** Stronger-than-expected revenue growth should ease worries around an upcoming revenue growth slowdown, which arose when the company adjusted its revenue guidance range downwards with its Q3 results, analyst Oliver Frey at Metzler Capital Markets says

** "Shares should show a positive reaction after the recent decline, however, the announced 1E acquisition is likely to limit the upside," he adds

($1 = 0.9682 euros)