Sap Se Stock News

SAP Has Potential, But There May Be Better Options Right Now In The Market

Earnings-driven, value-oriented software companies have been the best way to remain exposed to tech while hedging the recent correction.

BX, LEVI and MO all gained ground in response to their quarterly results. SAP slipped on earnings news and word of an acquisition.

SAP SE (SAP) CEO Christian Klein on Q4 2021 Results - Earnings Call Transcript

SAP SE (SAP) fourth-quarter 2021 results reflect strength in its cloud business.

SAP SE (NYSE: SAP ) reported fourth-quarter FY21 revenue growth of 3% year-on-year to 7.98 billion at constant currencies. Cloud revenue increased 24% Y/Y to 2.61 billion at CC. S/4HANA cloud revenue grew 61% Y/Y to 329 million at CC. Software licenses revenue declined 17% Y/Y to 1.46 billion at CC. Cloud and software revenue increased 3% Y/Y to 6.99 billion at CC. Services revenue was flat Y/Y at 0.99 billion at CC. The current cloud backlog was up 26% year-on-year to 9.45 billion at CC. S/4HANA''s current cloud backlog rose 76% Y/Y to 1.71 billion at CC. The non-IFRS operating margin contracted Full story available on Benzinga.com

Companies Reporting Before The Bell SAP (NYSE: Full story available on Benzinga.com

Business processes software firm SAP is planning to secure a majority stake in working capital management company Taulia for undisclosed terms, according to a press release on Thursday (Jan. 27). The

SAP SE (NYSE: SAP) reported fourth-quarter FY21 revenue growth of 3% year-on-year to €7.98 billion at constant currencies. Cloud revenue increased 24% Y/Y to €2.61 billion at CC.

In an interview with Barron's, SAP Chief Financial Officer Luka Mucic says the value of the deal is under $1 billion, but declines to be more specific.

SAP CFO Luka Mucic discusses the German software company's full-year 2021 earnings, how its helping clients transition their businesses to the cloud as well as its acquisition strategy for the year ah