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SAP Beats Q3 Estimates and Raises Annual Revenue Forecast

Investing.com +1 ·

SAP Sap SE ADR
$232.73 +1.64%
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  1. 1SAP SE ADR shares rose more than 4% in Wednesday after-hours trading.
  2. 2SAP SE reported Q3 total revenue of 10.27 billion euros, exceeding market expectations.
  3. 3Growth was driven by a 26% increase in SAP SE's Q3 cloud revenue.

So what's the key point?

SAP SE reported higher than expected revenue for the third quarter. The stock rose more than 4% as the cloud sector performed well.

Source Investing.com +1 · View original ↗

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