Software giant SAP's shares surge 9.3% after first-quarter profit beat

The headquarters of SAP AG, Germany's largest software company, on Jan. 8, 2013, in Walldorf, Germany.SAP on Wednesday posted a 58% year-on-year jump in first-quarter operating profit in constant currency, also confirming its outlook for full-year cloud revenues.SAP's operating profit hit 2.5 billion euros ($2.9 billion) in the first quarter, compared with analysts expectations near 2.2 billion euros, according to LSEG data.Shares of the company popped 9.3% by 8:59 a.m. in London on Wednesday.The German sof ...