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SAP

SAP

$115.24 /

-0.89 (-0.77%)

18:11
10/10/19
10/10
18:11
10/10/19
18:11

SAP sees Q3 non-IFRS EPS EUR1.30 vs $1.14 last year

Sees Q3 non-IFRS revenue EUR6.81B vs EUR6.03B last year. Sees Q3 Cloud Bookings up 38%, software license revenue down 1%, and cloud revenue up 37%. "The growth story at SAP continues with maximum strength. I couldn't be prouder of this very significant top line and bottom line expansion," said Bill McDermott, SAP. "The future is bright!""Wehave delivered a very strong result on the bottom line based on further acceleration of our operational excellence initiative and restructuring benefits in the third quarter. In parallel we have continued to execute extremely well on our cloud transition in the first nine months -a dynamic cloud business growing at 41% combined with a stable core, leading to double digit topline growth" said Luka Mucic, SAP. "It is with great confidence that we reiterate our 2019 outlook."

  • 21

    Oct

  • 19

    Nov

SAP SAP
$115.24 /

-0.89 (-0.77%)

07/22/19 Jefferies
SAP initiated with a Buy at Jefferies
07/19/19
Fly Intel: Top five analyst downgrades
07/19/19 Deutsche Bank
SAP downgraded to Hold from Buy at Deutsche Bank
07/19/19 Stifel
Microsoft price target raised to $155 from $150 at Stifel

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Initiation
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Earnings
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