Deliver Your News to the World

SAP Announces Second Quarter and Half Year 2017 Results

SAP SE (NYSE: SAP) today announced its financial results for the second quarter 2017 ended June 30, 2017.


SAP Raises Outlook Q2 Total Revenue Up Double-Digit

  • Strong new cloud bookings, up 33%
  • Stellar software revenue, up 5% beating a record Q2 2016
  • Operating profit down 27% (IFRS) and up 4% (Non-IFRS) compared with exceptional profits in Q2 2016
  • Digital core business soars with over 6,300 SAP S/4HANA customers up over 70% year over year
  • Share buyback announced, up to 500 million in 2017 following strong operating cash flow, up 20% in HY

See chart

Read the Q2 2017 Quaterly Statement

Read the Half-Year Report

( Press Release Image: )


This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.