SAP Shares Surge After Cloud Business Fuels Revenue Growth

Updated Oct. 19, 2023 3:31 am ET

SAP shares jumped in Thursday morning trading after the German business-software company posted higher revenue and operating profit for the third quarter, led by growth at its core cloud business.

At 0720 GMT, SAP shares traded 6.4% higher at EUR128.84.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Leave a Comment