Corporate News

SAP Q3 Profit Up 31%; But Cuts 2020 Non-IFRS Total Revenue Outlook

SAP SE (SAP) reported that its third-quarter profit after tax rose 31% to 1.65 billion euros from last year's 1.26 billion euros.

Earnings per basis share was up 26% year over year to 1.32 euros on a IFRS basis and up 31% year over year to 1.70 euros on a non-IFRS basis, reflecting a strong contribution from Sapphire Ventures.

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by RTTNews Staff Writer

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