But didn’t SAP report strong revenue and profit figures? Definitely. Q4 revenue reached €9.7 billion compared to €9.4 billion last year. Operating profit surged to €2.6 billion from €2 billion.
Enterprise software company SAP reported third-quarter earnings and revenue that slightly beat estimates. SAP stock rose as the company raised its 2024 outlook for cloud computing and software revenue ...
SAP SE SAP stock has proven resilient with a year-to-date (“YTD”) gain of 21.2%, outperforming the Computer-Software industry and the S&P 500 composite’s growth of 6.4% and 0.3%, respectively. Pivot ...
The results come a day after Microsoft spooked investors by reporting so-so revenue numbers for its own cloud division.
SAP SE (NYSE:SAP) reported its second-quarter financial results Monday. Here's a look at the details from the report. The Details: SAP reported quarterly earnings of 82 cents per share which missed ...
SAP's ~60% YTD rise has propelled it to a near-50x P/E multiple, well above most of its cloud peers. The company's ~10% total revenue growth is unimpressive for such a rich multiple, especially given ...
SAP SE (NYSE:SAP) is one of the AI Stocks Every Investor Should Watch. On September 22, BofA Securities analyst Frederic Boulan lowered the price target on the stock to EUR316.00 (from EUR320.00) ...
Shares are now bouncing back after-hours. They’re currently down 3% after sinking more than 4% immediately after the earnings release hit the wires.
SAP Q4 revenue rose to $10B, beating estimates, with cloud revenue up 27% and a 32% increase in cloud backlog. CEO highlights SAP's strong position in AI and data, projecting 26%-28% YoY cloud revenue ...
Investors in SAP SE (Symbol: SAP) saw new options begin trading today, for the February 2025 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SAP options chain ...
Investors in SAP SE (Symbol: SAP) saw new options become available today, for the February 27th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SAP options ...
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