SAP SE (SAP) outlook cut, but shares rise on strong cloud revenue growth
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/5/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
SAP Announces Q1 2023 Results
April 21, 2023 1:00 AM EDTUnless otherwise stated, all figures in this statement are based on SAP group results from continuing operations.
Cloud revenue up 24% and up 22% at constant currencies, up 1 percentage point sequentially. S/4HANA cloud revenue up 77% and up 75% at constant currenciesCurrent cloud backlog up 25%, both at nominal and constant currencies, a sequential growth improvement of 1 percentage pointIFRS cloud gross profit up 28%, non-IFRS cloud gross profit up 28% and up 27 % at constant currencies fueling double-digit non-IFRS operating profit growthIFRS operating profit down 45%, non-IFRS operating profit up 12% and up 12% at constant currencies2023... MoreAMD and SAP's 25-Year Partnership Reaches New Heights with Successful Migration to SAP S/4HANA®
April 19, 2023 5:00 PM EDTWALLDORF, Germany, April 19, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) announced today that AMD (NASDAQ: AMD), a leader in high-performance and adaptive computing, has successfully migrated to SAP S/4HANA® Cloud, private edition. This marks a major milestone in the AMD digital transformation journey and strengthens the two... More
