SAP(SAP) - 2023 Q3 - Earnings Call Transcript

Software licenses revenue saw a decrease of only 14%, demonstrating the resilience thanks to a few major transactions. Finally, total revenue was up 9%, driven by broad-based strength across all predictable revenue streams. Now, let's take a brief look at our regional performance. In the third quarter, SAP's cloud revenue performance was particularly strong in APJ and EMEA, and solid in the Americas region. Brazil, India and the Netherlands had outstanding cloud revenue growth while Canada, China, France, G ...