The German enterprise software giant SAP reported quarterly results that were a smidgen ahead of Wall Street’s expectations. For the March quarter, SAP reported total revenue of €8.04 billion, up 8% from a year ago or 9% adjusted for currency and a hair above the consensus estimate of €8.02 billion, as tracked by FactSet. Cloud revenue was €3.93 billion, up 24% or 25% on a currency-adjusted basis, about in line with estimates.
SAP SE (NYSE:SAP) Q1 2024 Earnings Call Transcript April 22, 2024 SAP SE isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome, and thank you for joining the SAP Q1 2024 Financial Results Conference Call. Throughout today’s recorded presentation, all […]
SAP SE (NYSE: SAP) announced today its financial results for the first quarter ended March 31, 2024.