SAP beats analysts’ expectations, reports “record-setting” revenue and profit
German IT services and enterprise giant SAP reported encouraging numbers for Q2 2016, beating analysts’ expectations and spiking its share price by nearly five percent in pre-market trading Wednesday as its non-IFRS EPS increased 2 percent to €0.82 ($0.90). Analysts had predicted a quarterly EPS of $0.78. The leap is owed in part to the strength of the company’s… Read More