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DeepSeek is very good news for us, says SAP CFO
Dominik Asam, CFO of SAP, discusses the firm's strong fourth-quarter earnings and its confidence in its operations despite the threat from Chinese artificial intelligence startup DeepSeek.
SAP shares slip on mixed Q4 earnings
SAP (NYSE:SAP) shares slipped after the Germany-based enterprise software firm reported mixed earnings for the fourth quarter. Q4 earnings per share grew to €1.40 from €1.12 in the year-ago quarter but missed estimates of €1.45.
Software giant SAP upgrades outlook as CFO says DeepSeek is 'good news'
German software giant SAP's full-year profit beat estimates as cloud computing and artificial intelligence operations fueled growth. Revenue from the firm's core cloud and software businesses rose 11% for the period, also slightly ahead of consensus estimates.
SAP's Q4 Earnings & Revenues Up Y/Y on Cloud Demand, 2025 View Updated
SAP's Q4 2024 results gain from robust growth across its cloud and AI-driven offerings. The revised outlook for 2025 succeeds its former Ambition 2025 goals.
SAP SE (SAP) Q4 2024 Earnings Call Transcript
SAP SE (NYSE:SAP ) Q4 2024 Earnings Conference Call January 28, 2024 1:00 AM ET Company Participants Alexandra Steiger - Global Head of Investor Relations Christian Klein - Chief Executive Officer Dominik Asam - Chief Financial Officer Conference Call Participants Adam Wood - Morgan Stanley Jackson Ader - KeyBanc Capital Markets Johannes Schaller - Deutsche Bank Mohammed Moawalla - Goldman Sachs Sven Merkt - Barclays Capital Toby Ogg - JPMorgan Frederic Boulan - Bank of America Mark Moerdler - Bernstein Michael Briest - UBS Limited Operator Ladies and gentlemen, thank you for standing by. Welcome and thank you for joining the SAP Q4 2024 Earnings Conference Call.
SAP: more efficient AI will drive demand for our AI products
SAP said on Tuesday that the prospect of cheaper and more energy-efficient artificial intelligence models, presaged by China's DeepSeek model, bodes well for growing demand for SAP's AI services.
SAP sees higher operating profit in 2025
SAP , Europe's largest software maker, said on Tuesday it was more optimistic about its financial results this year due to accelerating growth in revenue form cloud computing.
SAP Gears Up for Q4 Earnings: Here's What You Should Know
SAP's fourth-quarter performance is expected to have been cushioned by steady momentum in cloud business amid prevailing global macroeconomic turbulence.
SAP and Qualtrics Team Up to Enhance Employee Experiences
SAP and Qualtrics announced a partnership to enhance employee experiences by combining SAP SuccessFactors with Qualtrics XM for Employee Experience.
Trump's $500 billion Stargate Project a ‘wake-up call for Europe,' SAP CEO says
SAP CEO Christian Klein says he would “absolutely support” a Stargate project for Europe.
SAP's Strong Momentum: A Bullish Setup for Investors
Shares of SAP SE NYSE: SAP, the German software giant, have had an incredible run over the past couple of years. The rally that started in late 2022 has shown no signs of slowing down, with shares gaining 230% since then, including a 75% surge last year alone.
