April 21, 2015 5:28 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
(NYSE: SAP) reported a 23 percent drop in its first-quarter net profit. SAP's quarterly net profit slipped to EUR414 million ($444.17 million), versus a year-ago profit of EUR534 million.Its revenue rose 22 percent to EUR4.5 billion.Revenue from software licenses and support climbed 16 percent to 3.15 billion euros, while non-IFRS revenue from cloud subscriptions and support jumped 131 percent to 509 million euros. Non-IFRS cloud and software revenue rose 34 percent in the Americas region, while non-IFRS cloud and software revenue climbed 38 percent in APJ.Its operating profit, excluding items, rose to 1.06 billion euros.New cloud bookings climbed 121 percent to €120 million.At March 31, 2015, the company had a total group liquidity of €5.33 billion, versus €3.42 billion at December 31, 2014.The company reiterated its forecast for 2015."We are pleased to report triple-digit growth in both cloud and our business network segment which started on a high note," said Bill McDermott, CEO of SAP. "SAP S/4HANA saw robust early traction and is catalyzing momentum across SAP. We are a strong growth company with every region growing in double digits in cloud and software revenue this quarter. We remain ever focused on seamless execution of our consistent, customer-driven strategy."SAP shares gained 0.82 percent to close at $72.32 yesterday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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