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Stock impact report

Sequoia Fund - SAP SE: We See A Clear Path To Enhanced Profitability [Seeking Alpha]

SAP SE ADS (SAP) 
Last sap se ads earnings: 4/21 01:00 am Check Earnings Report
US:NYSE Investor Relations: sap.com/investors/en.html
Company Research Source: Seeking Alpha
A handful of years ago, SAP set about transitioning its core ERP software product suite from one typically run by customers on their premises to a cloud version delivered directly by SAP. In 2022, slowing ERP revenue growth and mounting temporary costs related to the ERP cloud transition gave some investors pause. A year and a half later, we remain optimistic about SAP's prospects. The following segment was excerpted from this fund letter. SAP SE ( NYSE: SAP After following SAP for many years, we bought shares in the company in 2022. Since we have not covered SAP in much detail in prior communications, we will start with a little background. This Germany-based company boasts the leading global share in enterprise resource planning (ERP) software, or what one might consider the operating system for large businesses. This type of software performs critical functions for customers, related to bookkeeping, manufacturing, and supply chain. SAP also sells complementary modules th Show less Read more
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