Jul/090
SAP’s Profit Increases 4% on Cost Cuts
BY HILDE ARENDS AND ARCHIBALD PREUSCHAT [The Wall Street Journal ]
SAP AG posted a 4% rise in second-quarter profit, thanks to recent cost-cutting measures, but the business-software maker lowered its full-year sales expectations.
Profit increased to €423 million ($599 million) from €408 million a year earlier, even though sales declined …
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Jul/090
SAP Announces Second Quarter and First Half 2009 Results
Company Reports Another Quarter of Strong Margin Growth Despite Decrease in Revenues – Company Raises its Non-GAAP Operating Margin Outlook for the Full-Year 2009
WALLDORF, Germany, July 29, 2009 /PRNewswire-FirstCall via COMTEX/ – SAP AG/quotes/comstock/13*!sap/quotes/nls/sap (SAP 44.51, -0.64, -1.42%) today announced its preliminary financial results for the second quarter and six months ended June 30, 2009.
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Jul/090
SAP net up 3.7% on 9.9% lower revenue
By Robert Daniel
TEL AVIV (MarketWatch) – SAP AG, /quotes/comstock/13*!sap/quotes/nls/sap (SAP 44.51, -0.64, -1.42%) /quotes/comstock/11e!fsap (DE:SAP 31.36, +0.24, +0.76%) the Waldorf, Germany, business-software giant, reported its second-quarter earnings rose 3.7%, and adjusted earnings fell 4.3%, on 9.9% lower revenue. Net income was 423 million euros, or 0.35 euro a share, compared with 408 million, or 0.34, in the year-earlier quarter. Adjusted earnings from continuing operations were 0.41 euro a share versus 0.42.
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Jul/090
SAP Reports Mixed Results [at The Wall Street Journal Online]
SAP Issues Mixed Results Amid Cost Savings
BY HILDE ARENDS
FRANKFURT — SAP AG raised its full-year 2009 operating margin guidance due to costs savings as second-quarter earnings beat market expectations, but cut its software and software-related services revenue outlook.
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