Enterprise
SAP beats forecasts as cloud revenue climbs 26%
The German software maker reported third-quarter revenue of €10.27 billion and a 28% jump in its current cloud backlog, sending shares higher…
The German software maker reported third-quarter revenue of €10.27 billion and a 28% jump in its current cloud backlog, sending shares higher…
Shares jumped 8.7% in their biggest single-day move since April 2025 as Wall Street digested a 15th straight beat-and-raise quarter.
Data-center revenue jumped 116% as Blackwell Ultra chips ramped, and the company guided for another quarter of roughly 89% growth.