2023-07-20 12:20:50 ET
- SAP SE press release ( NYSE: SAP ): Q2 GAAP Basic EPS of €1.07.
- Revenue of €7.55B (+8% Y/Y).
- Current cloud backlog grew by 21% to €11.54 billion and was up 25% at constant currencies. SAP S/4HANA current cloud backlog was up 65% to €3.72 billion and up 70% at constant currencies.
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For 2023, SAP is updating its revenue and operating profit outlook and now expects:
- €14.0 – 14.2 billion cloud revenue at constant currencies (2022: €11.43 billion), up 23% to 24% at constant currencies, narrowing the range by €200 million. The previous range was €14.0 – 14.4 billion at constant currencies.
For further details see:
SAP SE GAAP EPS of €1.07, revenue of €7.55B