SAP's Q3 Earnings & Revenues Up Y/Y on Cloud Strength, Outlook Raised

SAP SE (SAP) reported third-quarter 2024 non-IFRS earnings per share (EPS) of €1.23 ( $1.35), which increased 6% from the year-ago quarter. The Zacks Consensus Estimate was pegged at$ 1.31.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.SAP achieved significant growth in its cloud revenues, especially Cloud ERP Suite, and progress in Business AI, with key innovations like SAP Knowledge Graph gaining traction. The company reported total revenues on a non-IFRS basis of €8.47 billion ($ ...