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Article: SAP AG Beats Zacks Consensus - Analyst Blog
- Article from:
- Zacks Investment Research - Analyst Blog
- Article date:
- November 3, 2009
- Author:
CopyrightCopyright 2009 Zacks Investment Research. (Hide copyright information)
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SAP AG Beats Zacks Consensus - Analyst Blog
SAP AG
(
SAP
) reported third quarter of 2009 net income from continuing operations of 60 cents per share, compared to the Zacks Consensus Estimate of 58 cents.
U.S. GAAP software and software-related service revenues were €1.94 billion (previous year: €1.99 billion), a decrease of 3%. U.S. GAAP total revenues were €2.51 billion (€2.76 billion), a decrease of 9%. U.S. GAAP software revenues were €525 million (€763 million), a decrease of 31% (30% at constant currencies).
In the third quarter of 2009, SAP closed major contracts in several key regions including ...