Thread regarding SAP layoffs

Things are not grim...

Our pre-announcements are coming, SAP is the first in this Spring's earning season. Numbers are not grim but it ain't good either.

  • IFRS Cloud Revenue Up 29% €2.01 billion €2.01 billion;
  • Non-IFRS Cloud Revenue Up 27% €2.01 billion
  • Software Licenses Revenue Down 31% to €0.45 billion
  • Total Revenue Up 7% to €6.52 billion
  • IFRS Operating Profit Up More Than 100% to €1.21 billion;
  • Non-IFRS Operating Profit Up 1% to €1.48 billion
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Post ID: @OP+14pm6lIa

3 replies (most recent on top)

Jen Morgan out
https://www.zdnet.com/article/saps-co-ceo-morgan-to-depart-april-30-klein-becomes-sole-ceo/

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Post ID: @ahap+14pm6lIa

https://apple.news/AwKTjR7mvRyWsaHFdHkJWaA

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Post ID: @4dnz+14pm6lIa

Stock price went up 5.5% day after the announcement...that ain't bad.

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Post ID: @1kjz+14pm6lIa

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