SAP: Q1 Earnings Snapshot
WALLDORF, Germany (AP) _ SAP SE (SAP) on Thursday reported first-quarter net income of $1.25 billion.
On a per-share basis, the Walldorf, Germany-based company said it had profit of $1.06. Earnings, adjusted for one-time gains and costs, were $1.69 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.
The business software maker posted revenue of $7.65 billion in the period.
SAP shares have climbed roughly 9% since the beginning of the year. The stock has climbed 22% in the last 12 months.