SAP SE Sponsored ADR (SAP)
SAP shares at all-time high after adjusted profit beats market view
Shares in SAP rose as much as 7% to reach an all-time high on Tuesday after Europe's largest software maker reported better-than-expected quarterly operating income, buoyed by revenue growth and intensified cost-cutting.
SAP: AI-Focused Restructuring to Add €200 Million to Bottom Line
Seven months after launching an artificial intelligence (AI)-focused restructuring program, SAP said Monday (July 22) that it has raised its 2025 operating profit ambition to reflect the efficiency gains it expects to see from that program.
SAP SE (SAP) Q2 2024 Earnings Call Transcript
SAP SE (NYSE:SAP ) Q2 2024 Earnings Conference Call July 22, 2024 5:00 PM ET Company Participants Alexandra Steiger - Global Head of Investor Relations Christian Klein - Chief Executive Officer Dominik Asam - Chief Financial Officer Conference Call Participants Mark Moerdler - Sanford C. Bernstein & Co. LLC Adam Wood - Morgan Stanley Michael Briest - UBS Limited Mohammed Moawalla - Goldman Sachs Jackson Ader - KeyBanc Capital Markets Toby Ogg - JPMorgan Charles Brennan - Jefferies Frederic Boulan - Bank of America Sven Merkt - Barclays Capital Balajee Tirupati - Citi Investment Research Ben Castillo-Bernaus - Exane BNP Paribas Johannes Schaller - Deutsche Bank Operator Ladies and gentlemen, thank you for standing by.
German software maker SAP's quarterly cloud revenue soars
Europe's largest software maker SAP reported a 25% jump in second-quarter cloud revenue to 4.15 billion euros ($4.52 billion) on Monday, helped by demand for its business planning software.
SAP Set to Report Q2 Earnings: Here's What You Should Know
SAP's second-quarter performance is expected to have been cushioned by steady momentum in cloud business amid prevailing global macroeconomic challenges.
SAP Stock Surges 31.4% Year to Date: Will the Momentum Last?
SAP's performance is driven by continued strength in its cloud business. However, global macroeconomic weakness and tough competition in the cloud space remain concerns.
SAP Set to Acquire Israel-based WalkMe in Deal Worth $1.5B
SAP SE (SAP) announces acquisition of Israel-based WalkMe in an all-cash deal worth $1.5 billion. The acquisition, subject to customary closing conditions, is expected to be closed in the third quarter of 2024.
SAP to Add Digital Adoption Platforms With WalkMe Acquisition
SAP plans to acquire WalkMe to add that company's digital adoption platforms (DAPs) and expand its own solutions that help customers on their digital transformation journeys.
SAP Buys WalkMe in $1.5B Deal Boosting AI Offerings
German business software developer SAP (SAP) agreed to buy digital adoption platform provider WalkMe (WKME) for $1.5 billion in cash, in a deal set to boost SAP's artificial intelligence (AI) offerings.
Software giant SAP agrees to buy WalkMe for $1.5 billion cash
German software giant SAP has agreed to buy WalkMe in an all-cash deal valued at about $1.5 billion.
SAP to acquire WalkMe in all-cash deal valued at about $1.5 billion
German enterprise software company SAP SE said Wednesday it has agreed to acquire WalkMe Ltd. in an all-cash deal valued at about $1.5 billion.
SAP to acquire Israel-based WalkMe
German software firm SAP said on Wednesday it will acquire WalkMe , a Saas company headquartered in Tel Aviv.
