SAP Q2 results top estimates as ongoing cloud demand boosts revenue By Investing.com

Category: Business

SAP reported fiscal second-quarter results exceeding Wall Street estimates, driven by strong demand for its cloud and artificial intelligence offerings. Adjusted earnings were €1.10 per share on revenue of €8.29B, with cloud revenue increasing by 10% year on year. The company maintains its full-year outlook for adjusted operating profit and cloud revenue.

Keywords: SAP, cloud business, artificial intelligence

Source: Investing.com

Update At: 7/23/2024

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