SAP misses operating profit expectations despite record revenues

Danny Palmer
clock

German software firm releases preliminary financial results

SAP has released its preliminary Q4 figures, with the enterprise software corporation missing forecasts for operating profits, despite delivering record revenues. The German firm reported total ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
The language of software licencing needs an upgrade, says Percona's Peter Zaitsev

Open Source

Third-way models are proliferating

clock 05 March 2024 • 3 min read
'A lot of confusion': Unpicking SAP's recent changes

Cloud and Infrastructure

SAP and Lemongrass talk S/4HANA migration deadlines, RISE and AI

clock 27 February 2024 • 6 min read
AI plays into latest SAP restructuring, impacting 8,000 jobs

Corporate

Estimated to cost €2 billion

clock 25 January 2024 • 2 min read

More on Finance and Reporting

Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read
Salesforce's Benioff: 'This must be the year of Data Cloud'

Salesforce's Benioff: 'This must be the year of Data Cloud'

Makes light of customer's AI bungle, as Q4 profits up 10%

Wade Tyler Millward
clock 29 February 2024 • 8 min read
Nvida revenues rise 265% on AI chips

Nvida revenues rise 265% on AI chips

Looks set to make Nvidia more valuable than Amazon and Alphabet

John Leonard
clock 22 February 2024 • 2 min read