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SAP Q3 mixed, outlook for 2025 at low end
Summary by constellationr.com
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SAP Q3 mixed, outlook for 2025 at low end
By Larry DignanSAP delivered third quarter revenue growth of 7% with cloud sales up 22%. The company said its 2025 cloud revenue will be at the lower end of its range of €21.6 billion to €21.9 billion. The enterprise software giant reported third quarter net income of €2.05 billion, or €1.72 a share, on revenue of €9.08 billion. Adjusted earnings in the third quarter were €1.59 a share. SAP CEO Christian Klein said: "We are gaining market shar…
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