SAP SE: Solid Start to 2020 Amidst COVID-19 Crisis

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SAP SE (SAP) Reports Q1 EPS of EUR0.85 on Revenue of EUR6.52B

April 21, 2020 6:18 AM EDT

SAP SE (NYSE: SAP) reported Q1 EPS of EUR0.85, versus EUR0.90 reported last year. Revenue for the quarter came in at EUR6.52 billion, versus EUR6.12 billion reported last year.

IFRS Cloud Revenue Up 29%; Non-IFRS Cloud Revenue Up 27%IFRS Cloud Gross Margin Up 5pp; Non-IFRS Cloud Gross Margin Up 3ppCurrent Cloud Backlog Up 25%Total Revenue Up 7%IFRS Operating Profit Increased Strongly To 1.2bn; Non-IFRS Operating Profit At 1.5bn, Up 1%IFRS Operating Margin Up 20.8pp; Non-IFRS Operating Margin Down 1.3ppIFRS EPS Increased Strongly To 0.68; Non-IFRS EPS At... More