SAP Stock Down Despite Guidance Increase. ‘The Bar Is Already Very High,’ CFO Says.
The German software company SAP reported better-than-expected fourth-quarter financial results—and raised its full-year operating profit—forecast as demand for artificial-intelligence systems continues. SAP reported fourth-quarter earnings of 1.40 euros ($1.46) a share on revenue of €9.38 billion. Operating profit for the quarter was €2.44 billion.
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