logo
Share SHARE
FONT-SIZE Plus   Neg

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

SAP AG (SAP) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Samsung is planning to sell the recalled Galaxy Note 7 devices as refurbished or rental phones where applicable, but not in US. In a statement, the company said, "Regarding the Galaxy Note 7 devices as refurbished phones or rental phones, applicability is dependent upon consultations with regulatory authorities and carriers as well as due consideration of local demand. The markets and release dat Hollywood is spending more than ever to produce movies, with new technology and computer graphics imaging (CGI) bringing superheroes to life. Directors constantly one-up one another with special effects, while actors like Johnny Depp or Tobey Maguire are demanding beaucoup bucks to reprise their... Sluggish sales of video games have forced GameStop to take a decision to close around 150 retail locations. Digital downloads and competition from rivals are said to be the reason for shut down. The company operates around 6600 stores worldwide and has not revealed the list of shops to be closed. According to reports GameStop is planning the closure of up to 3 percent of their shops.
comments powered by Disqus
Follow RTT