Market Overview

SAP Announces Q1 Prelim Revs EUR637M vs EUR668M Est

After a preliminary review of its first quarter 2012 performance, SAP AG (NYSE: SAP) today announced its preliminary financial results for the first quarter ended March 31, 2012.

-- First Quarter 2012 Non-IFRS Software and Software-Related Service Revenue Increased 12% to euro 2.63 Billion (10% at Constant Currencies)

-- First Quarter 2012 Software Revenue Increased 4% to euro 637 Million (1% at Constant Currencies)

-- First Quarter 2012 Non-IFRS Operating Profit Increased 7% to euro 834 Million (3% at Constant Currencies)

-- SAP Reiterates Full Year 2012 Outlook

-- SAP Expects Strong Second Quarter 2012 With Software Revenue Growth 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)

Posted-In: Earnings News Guidance

 

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