Soccer team in a huddle

SAP Announces Third Quarter and First Nine Months 2017 Results

Press Release | October 19, 2017 by SAP News

SAP Raises Outlook Backed by Outstanding SAP S/4HANA Momentum

  • Digital core business soars with over 6,900 SAP S/4HANA customers – around 70% growth year over year
  • Continued strong business performance despite significant currency headwinds
  • Software revenue stable (IFRS) and up 3% (Non-IFRS at constant currencies)
  • Cloud subscriptions and support revenue up 22% (IFRS) and up 27% (Non-IFRS at constant currencies)
  • EPS up 35% (IFRS) and up 10% (Non-IFRS)
  • On track to execute €500 million share buy back by year end, €288 million bought back in Q3

WALLDORF, GermanySAP SE (NYSE: SAP) today announced its financial results for the third quarter 2017 ended September 30, 2017.

SAP Earnings Q3-2017

Read the Q3 2017 Quarterly Statement

Tags:

Leave a Reply