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UPDATE 1-SAP talks up cloud business, buys $2.4 bln U.S. sales software firm [Reuters]

CALLIDUS SOFTWARE (CALD)  More Company Research Source: Reuters
Last callidus software earnings: 2/8 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: calliduscloud.com.br/about-us/investor-relations
PDF UPDATE 1-SAP talks up cloud business, buys $2.4 bln U.S. sales software firm | Reuters Reuters Staff 4 Min Read * Q4 non-IFRS oper profit 2.37 bln eur vs poll 2.41 bln * Sees 2018 oper profit at 7.3-7.5 bln eur vs poll 7.3 bln * Affirms 2020 guidance * Buys Callidus Software at enterprise value of $2.4 bln (Updates with more from conference call, results details) By Eric Auchard and Douglas Busvine WALLDORF, Germany, Jan 30 (Reuters) - SAP posted 2017 results on the lower side of market expectations after Chief Executive Bill McDermott had promised a “dynamite” final quarter in its cloud business, as Europe’s top technology company announced a $2.4 billion U.S. acquisition. Fourth-quarter non-IFRS operating profit rose by 6 percent in constant currency terms to 2.37 billion euros ($2.93 billion), compared to average analyst expectations of 2.41 billion euros, according to a poll of 16 analysts by Thomson Reuters. But executives of the German software giant said the company had turned [Read more]

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