SAP: Q2 Earnings Snapshot
Posted Jul 21, 2021 05:06:38 AM.
Last Updated Jul 21, 2021 05:11:20 AM.
WALLDORF, Germany (AP) _ SAP SE (SAP) on Wednesday reported second-quarter net income of $1.63 billion.
On a per-share basis, the Walldorf, Germany-based company said it had net income of $1.39. Earnings, adjusted for one-time gains and costs, came to $2.11 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.
The business software maker posted revenue of $8.03 billion in the period.
SAP shares have risen 11% since the beginning of the year. The stock has fallen roughly 10% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAP at https://www.zacks.com/ap/SAP
The Associated Press
