SAP SE shares fell the most in more than five years as current cloud backlog in the fourth quarter slipped to a level that Chief Executive Officer Christian Klein previously said would be a ...
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.
It's the biggest daily fall since October 26 2020, when stock dropped 22% following disappointing third quarter results ...
By Shashwat Chauhan Jan 29 (Reuters) - U.S. software stocks fell on Thursday after SAP's underwhelming cloud outlook and a post-earnings slide in ServiceNow deepened concerns that traditional ...
SAP forecast continued cloud growth in 2026 but guided for a modest deceleration in current cloud backlog expansion. The ...
There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the ...
​SAP SE (NYSE:SAP) is one of the Profitable SaaS Companies for 2026. On February 10, Nay Soe Naing from Berenberg Bank ...
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.
SAP’s (NYSE: SAP) Software Support segment is expected to contribute $13.3 billion to SAP’s 2019 revenues, making up 42.1% of SAP’s $31.5 billion in expected revenues for 2019. The Software Support ...
SAP made German software history, but the company is facing a number of new challenges. Now the young management team around CEO Christian Klein has to prove itself. These days, the town of Walldorf ...