SAP Shares Drop After It Maintains Outlook Despite Strong Quarter
21 Articles
21 Articles
SAP shares drop after it maintains outlook despite strong quarter
Shares in SAP fell on Wednesday after the German software maker reported higher quarterly sales and earnings but held off on increasing full-year targets, which some investors had expected.Read MoreThe post SAP shares drop after it maintains outlook despite strong quarter first appeared on The Who Dat Daily.
The growth of the cloud business has given SAP tailwind. Europe's largest software group was able to significantly increase its profit in the second quarter. Uncertainties are caused by US customs policy.
The software manufacturer from Baden-Württemberg convinces with better figures than expected in the second quarter. Especially one division ensures tailwind.
The software manufacturer from Baden-Württemberg convinces with better figures than expected in the second quarter. Nevertheless, SAP does not want to raise the outlook for the full year.
The software manufacturer from Baden-Württemberg convinces with better figures than expected in the second quarter. Especially one division ensures tailwind.
Coverage Details
Bias Distribution
- 78% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium