SAP’s Q3 results and guidance topped estimates. Why the stock is jumping.
Victor Golmer/iStock Editorial via Getty Images
SAP (NYSE:SAP) shares rose 4% in extended trading on Monday after the German software maker reported third-quarter results and guidance that were above estimates.
For the period ending September 30, SAP earned an adjusted €1.23 per share, as revenue rose 9% year-over-year to €8.47B. Cloud revenue came in
Source link