Investing.com - SAP reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
SAP announced earnings per share of €1.69 on revenue of €7.54B. Analysts polled by Investing.com anticipated EPS of €1.6 on revenue of €7.48B.
SAP shares are down 0% from the beginning of the year and are trading at €106.520 , down-from-52-week-high.They are outperforming the DAX which is down 1.16% from the start of the year.
SAP shares lost 1.36% in intra-day trade the report.
SAP follows other major Technology sector earnings this month
SAP's report follows an earnings missed by Sartorius AG VZO on Wednesday, who reported EPS of €1.29 on revenue of €655.7M, compared to forecasts EPS of €1.33 on revenue of €609.86M.
Sartorius AG had missed expectations on Wednesday with fourth quarter EPS of €1.29 on revenue of €655.7M, compared to forecast for EPS of €1.33 on revenue of €609.86M.
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