SAP Announces Q1 2024 Results [Yahoo! Finance]
SAP SE ADS (SAP)
Last sap se ads earnings: 4/21 01:00 am
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Source: Yahoo! Finance
Current cloud backlog of €14.2 billion, up 27% and up 28% at constant currencies IFRS cloud gross profit up 27%, non-IFRS cloud gross profit up 27% and up 28% at constant currencies IFRS operating loss of –€0.8 billion due to a €2.2 billion restructuring provision Non-IFRS operating profit up 16% and up 19% at constant currencies even including higher share-based compensation resulting from strong share price increase Outlook 2024 reaffirmed WALLDORF, Germany April 22, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) announced today its financial results for the first quarter ended March 31, 2024 Christian Klein , CEO: We're off to a great start in 2024 and we're confident we'll achieve our goals for the year. Looking ahead, we have powerful growth drivers in place – Business AI, cross-selling across our cloud portfolio, and winning new customers particularly in the midmarket. The strength of our current cloud backlog reaching a record growth rate is a testament to that momentum.
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Earnings
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SAP
Sec Filings
- 4/24/24 - Form 6-K
- 3/8/24 - Form 6-K
- 2/29/24 - Form 20-F
- SAP's page on the SEC website