Investing.com - Software AG reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Software AG announced earnings per share of €0.55 on revenue of €218.2M. Analysts polled by Investing.com anticipated EPS of €0.2777 on revenue of €201.78M.
Software AG shares are up 17.91% from the beginning of the year and are trading at €39.310 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Software AG follows other major Information Technology sector earnings this month
Software AG's report follows an earnings beat by SAP on Wednesday, who reported EPS of €1.75 on revenue of €6.67B, compared to forecasts EPS of €1.2 on revenue of €6.69B.
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