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SAP Revenue Surges, but Guidance Cut Amid Shift to Cloud

Angelena Iglesia 4 weeks ago
SAP Revenue Surges, but Guidance Cut Amid Shift to Cloud

Text size Cloud revenue at SAP, the German software giant, rose 34% in the second quarter to €3.06 billion. Daniel Roland/AFP via Getty Images SAP posted better-than-expected revenue growth for the second quarter, but profit fell short of estimates as the German enterprise software company’s transition to a cloud-based business […]

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