New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 10, 2014
06:47 EDTSAPSAP sees Q4 Non-IFRS revenue up 6% to EUR 5.11B vs. EUR 5.06B last year
SAP announced its preliminary financial results for Q4. SAP delivered strong revenue growth in 2013. Full year non-IFRS software and cloud subscription revenue increased 10% at constant currencies. Non-IFRS software and software-related service revenue grew 11% at constant currencies. Non-IFRS total revenue grew 8% at constant. The company also exceeded its FY13 guidance of EUR 750M in non-IFRS cloud subscription and support revenue at constant currencies. SAP HANA, the platform for real-time business applications, was a major growth engine in 2013. FY13 HANA software revenue increased 69% at constant currencies to EUR 664M. The company said that customers are showing strong interest in SAP Business Suite powered by SAP HANA as well as SAP HANA Enterprise Cloud.
News For SAP From The Last 14 Days
Check below for free stories on SAP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 17, 2014
05:20 EDTSAPSAP reiterates FY14 outlook
The company reiterates the outlook for the FY14, which remains unchanged from the outlook provided on January 21.The company expects FY14 non-IFRS cloud subscriptions and support revenue to be in a range of EUR 950M-EUR 1B at constant currencies. The upper end of this range represents a growth rate of 32% which is similar to the respective 2013 growth rate after adjusting for acquisitions. The company expects FY14 non-IFRS software and software-related service revenue to increase by 6%-8% at constant currencies. The company expects FY14 non-IFRS operating profit to be in a range of EUR 5.8B-EUR 6B at constant currencies. While the company's FY14 business outlook is at constant currency, actual currency reported figures are expected to continue to be negatively impacted by currency exchange rate fluctuations. If exchange rates remain at the March level for the rest of the year, the company expects non-IFRS software and software-related service revenue and non-IFRS operating profit growth rates at actual currency to experience a negative currency impact of approximately 6 percentage points and 8 percentage points respectively for Q2 and of approximately 4 percentage points and 5 percentage points respectively for FY14.
05:15 EDTSAPSAP reports Q1 non-IFRS EPS EUR 0.56 vs. EUR 0.58 last year
Reports Q1 revenue EUR 3.7B vs. EUR 3.6B last year. Reports Q1 non-IFRS cloud subscriptions and support revenue increased 38% at constant currencies. Reports Q1 non-IFRS calculated cloud billings increased 36% at constant currencies; annual cloud revenue run rate approaching EUR 1.1B. Reports Q1 non-IFRS software and software-related service revenue increased 9% at constant currencies.
April 10, 2014
05:40 EDTSAPAccenture, SAP expand global alliance through first-of-its-kind agreement
Subscribe for More Information
April 9, 2014
09:35 EDTSAPSAP mentioned cautiously at OTR Global
April 7, 2014
10:10 EDTSAPAnalyst sees 'golden' opportunity after software stocks decline
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use