SAP records 10.3 billion euro in Q3 total revenue, surpassing 10 billion euro
SAP Sap SE ADR
$232.73 +1.64%
View chart & analysis → - 1SAP recorded 10.3 billion euro in total revenue for Q3, representing 12% growth.
- 2Cloud revenue reached approximately 6.7 billion euro, a 25% increase in constant currency.
- 3The company recorded a technology ratio included in 90% of SAP large deals during the quarter, including business AI and data cloud.
So what's the key point?
SAP grew significantly in Q3, with revenue exceeding 10.3 billion euro. This means the company's performance improved as the cloud sector performed well.
Source The Motley Fool +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.