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SAP AG Q1 Prelim. Revenue Up; Backs 2012 Forecast - Quick Facts

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4/13/2012 6:49 AM ET

SAP AG (SAP: Quote) reported a 11% improvement in its first-quarter 2012 preliminary IFRS total revenue to 3.35 billion euros from the prior year's 3.02 billion euros. On a non-IFRS basis, preliminary revenue for the quarter amounted to 3.36 billion euros, 10% higher than 3.04 billion euros a year earlier.

In addition, SAP issued its second-quarter guidance, expecting software revenue to increase in a range of 15% - 20% at constant currencies, and non-IFRS software and software-related service revenue growth in a range of 14% - 16% at constant currencies.

For the full year 2012, the company anticipates non-IFRS software and software-related service revenue to increase in a range of 10% - 12% at constant currencies, including a contribution of up to 2 percentage points from SuccessFactors' business. Full-year non-IFRS operating profit is projected to be in a range of euro 5.05 billion euros - 5.25 billion euros at constant currencies.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Starbucks Corp. said Thursday after the markets closed that its second quarter profit rose 9.4% from last year, helped by higher revenue. The company's quarterly earnings per share came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. The world's largest specialty coffee retailer also raised its full year earnings outlook. Software giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter.
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