SAP SE (NYSE:SAP) announced its financial results for the first quarter ended March 31, 2016.
Cloud Revenue Up 33%;
IFRS EPS Up 38%;
Non-IFRS EPS Up 9%
- Non-IFRS cloud and software revenue increased 5% to €3.85 billion (6% at constant currencies)
- SAP S/4HANA momentum continues, now exceeding 3,200 customers
- Growing operating profit amidst industry transformation in contrast to main peer
- High visibility into strong second quarter and full year pipeline across all regions indicates increasing momentum as the year progresses – SAP firmly reiterates outlook
SAP SE provides application and analytics software and software-related services for enterprises worldwide. The company offers solutions covering various lines of businesses, including asset management, commerce, finance, human resources, manufacturing, marketing, sales, service, sourcing and procurement, supply chain, and sustainability, as well as research and development, and engineering. It provides enterprise application software to various industries, including consumer, discrete manufacturing, energy and natural resources, financial services, public services, and services. In addition, the company offers SAP HANA, a platform that combines database, data processing, integration, and application platform capabilities in-memory, as well as simplifies application development and processing across Big Data sources and structures; and SAP HANA Cloud Platform, a platform as-a-service, which provides ease and flexibility to build, extend, run, and sell applications and services, including infrastructure, data, and storage, as well as a toolbox of platform and application extension services to its customers and partners in the cloud. Further, it provides SAP Business Suite, as well as software-as-a-service, such as SAP SuccessFactors solutions; and SAP cloud-based solutions, such as temporary workforce sourcing, procuring and managing external workforce, and travel and business travel expense management systems. Additionally, the company provides analytic solutions, such as trusted data discovery and agile visualization, advanced analytics, and corporate performance management solutions; and support, custom software development, consulting, training, messaging, and payment services. SAP SE was founded in 1972 and is headquartered in Walldorf, Germany.
SAP SE earnings per share showed a decreasing trend of -6.7% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 499%.Analysts project EPS growth over the next 5 years at 13.18%. It has EPS annual growth over the past 5 fiscal years of 10.9% when sales grew 10.8. It reported 5.1% sales growth, and 38% EPS growth in the last quarter.
The stock is trading at $81.07, up 31.77% from 52-week low of $62.57. The stock trades down -0.58% from its peak of $81.62 and 7.57% above the consensus price target of $87.21. Its volume clocked up at 1.33 million shares which is higher than the average volume of 0.93 million shares. Its market capitalization currently stands at $97.04B.
0 yorum:
Yorum Gönder