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.
SAP SE shed €38.7 billion ($46.3 billion) in market value on Thursday after reporting disappointing financial results, knocking the software maker out of its place as Germany’s largest company.
It's the biggest daily fall since October 26 2020, when stock dropped 22% following disappointing third quarter results ...
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SAP refuses to budge on renewal discounts despite cloud growth slowdown
Drop in customers' cloud conversion rate causes share price to plunge 22% – steepest decline since 2020 SAP is refusing to ...
SAP stock drop 11% as Q4 cloud backlog growth misses forecasts at 25% and 2026 guidance warns of deceleration ahead.
(L-R) Monika Schaller, Head of Communications at the SAP software group, Christian Klein, CEO of the SAP software group, and Dominik Asam, CFO of the SAP software group, attend the annual press ...
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More During its online Sapphire Now conference, SAP revealed it has extended ...
By Shashwat Chauhan Jan 29 (Reuters) - U.S. software stocks fell on Thursday after SAP's underwhelming cloud outlook and a ...
SAP (NYSE: SAP) reported mixed Q4 FY25 results with revenue up 3% Y/Y and EPS up 16% Y/Y. Cloud revenue rose 19% Y/Y.
Shares of SAP were hammered on Thursday as the German software giant reported slower backlog growth than expected in the fourth quarter and also guided to a slight deceleration this year.
On Thursday, Apple announced a new partnership, this time with the world's largest maker of enterprise business applications, SAP. SAP is going to develop a bunch of custom business applications for ...
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