Reports Q2: Cloud revenue up 24% and up 28% at constant currencies; Cloud ERP Suite revenue up 30% and up 34% at constant currencies; Total revenue up 9% and up 12% at constant currencies.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAP:
- What’s Ahead for Salesforce (NYSE:CRM) as Stock Drops 21% YTD
- SAP’s Strong Market Position and Cloud Momentum Drive Buy Recommendation Despite Macroeconomic Challenges
- SAP SE: Strong Cloud Migration Position and Growth Prospects Amid Macroeconomic Challenges
- Piper Sandler Hikes Its Price Target on Oracle Stock (ORCL) by 42%
- SAP SE: Strong Growth Potential and Financial Health Drive Buy Rating