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SAP Stock Is Up After Q2 Results: Here's A Look At The Details
SAP SE (NYSE:SAP) reported its second-quarter financial results Monday. Here's a look at the details from the report.
The Details: SAP reported quarterly earnings of 82 cents per share which missed the analyst consensus estimate of $1.19 by 31.26%. Quarterly sales came in at $8.92 billion which missed the analyst consensus estimate of $8.96 billion by 0.42% and represents an 8.81% increase over sales from the same period last year.
Cloud revenue grew 25%, underpinned by 33% Cloud ERP Suite revenue growth, all at nominal and constant currencies, and ...