SAP AG (SAP) Reports Q4 EPS of EUR1.40
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/2/2026
- Nasdaq hits record high after softer jobs data tempers rate-hike bets
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- DataMeds AI's Corexa Pharmacy tops $1M in monthly revenue
- Equities rebound to close higher as surging Treasury yields recede
- Twilio, Vylor set to join S&P 500 as index reshuffles members
- onsemi cuts Synaptics deal price to $5.7B after rival bid
- Wells Fargo names 13 stocks as overweight tactical ideas
SAP lifts 2017 sales goal; takes margin hit to gain share
January 22, 2016 3:19 AM ESTBy Harro Ten Wolde and Eric Auchard
WALLDORF, Germany (Reuters) - German software maker SAP on Friday raised its 2017 revenue outlook to the upper end of forecasts but said operating margins would dip as more business comes from cheaper Internet-based cloud software instead of legacy software packages.
The mid-term outlook follows strong results for 2015 and a somewhat cautious forecast for this year as the company adapts to growing demand for cloud software paid by subscription rather than high-margin packaged products on which it has long counted.
SAP is growing faster than established competitors Oracle and IBM,... More
