SAP Announces Q1 2023 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
SAP SE (SAP) outlook cut, but shares rise on strong cloud revenue growth
April 21, 2023 7:56 AM EDTSoftware company SAP SE (NYSE: SAP) is trading over 1% higher premarket Friday, despite the company slashing its outlook to account for the divestment of its subsidiary Qualtrics and missing profit expectations for the first quarter.
SAP shares initially fell following the announcement but have since regained those losses and more.
The company reported Q1 EPS of EUR0.35, EUR0.77 worse than the analyst estimate of EUR1.12. However, revenue for the quarter... More
