SAP Trading Higher After Reporting Q4 Earnings

SAP AG (NYSE: SAP) is trading higher after announcing its fourth quarter and full year earnings. The company reported best ever full-year and Q4 with total revenues of EUR4.5 billion and operating profit of EUR1.67 billion.

SAP co-CEOs Bill McDermott and Jim Hagemann Snabe commented: "In an uncertain environment, SAP delivered the best year in its 40 year history. We gained significant market share and achieved double-digit growth across all regions"

SAP is currently trading at $54.82 pre-market, a gain of $1.57 or 2.95%.