SAP Stock Soars After Company Reiterates Guidance. CFO Says Economic Backdrop Is ‘Anything But Easy.’
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SAP stock surged Wednesday after the German software company reiterated its full-year guidance despite continued economic uncertainty. SAP’s quarterly adjusted earnings per share rose 79% to 1.44 euros ($1.64). “We’re quite pleased with the strong start into the year 2025, in particular in light of the macroeconomic backdrop, which is anything but easy,” Chief Financial Officer Dominik Asam told Barron’s.
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