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SAP Misses Third-Quarter Revenue Estimates, US-Listed Shares Fall 3%
SAP's cloud revenue growth slowed to 22% in Q3 with full-year cloud sales forecast at the low end due to delayed contract signings in manufacturing and public sectors.
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SAP misses third-quarter revenue estimates, US-listed shares fall 3%
German software maker SAP on Wednesday reported third-quarter revenue below analysts' estimates and forecast full-year cloud revenue at the lower end of its outlook range, sending its U.S.-listed shares down 3 per cent in extended trading.Walldorf, Germany-based SAP said revenue for the third quarter ended Se
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Total News Sources5
Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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