SAP Leaps on Earnings Beat. What That Means for IBM, Oracle, and Microsoft. - Barron's
1. SAP shares surged 10% after reporting strong Q1 earnings. 2. Earnings per share rose 79% to €1.44, exceeding expectations. 3. Q1 revenue grew 11% to €9.01 billion but fell short of forecasts. 4. Cloud revenue increased 26% but also missed analyst predictions. 5. SAP maintains full year profit guidance between €10.3 billion and €10.6 billion.