SAP SE (SAP) Stock: Climbs as Q3 Revenue Tops €10 Billion and Cloud Growth Hits 26%

TLDR SAP stock gains after quarterly revenue crosses €10 billion for the first time. Cloud revenue jumps 26% as SAP’s cloud backlog climbs 28% to €24.1 billion. SAP’s operating profit rises 18%, with non-IFRS earnings reaching €3.03 billion. Cloud ERP Suite revenue surges 29%, reflecting strong enterprise cloud demand. SAP targets the high end of [...]

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