SAP stock price, profit rebound on new products
Article Abstract:
Second-quarter net income for German software company SAP AG rose 8.2% to reach 449 mil euro, boosted by strong sales and a reduced tax rate. Revenue for software licenses grew by 18% to reach 715 mil euro. American depositary receipts increased by 6.9% to reach $55.54.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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SAP posts 9.9% rise in net profit
Article Abstract:
First-quarter net profits for German software company SAP AG rose by 9.9% to $422.1 mil, with sales from software licenses exceeding analysts' expectations by rising 10%.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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