SAP Shares Surge After Cloud Business Fuels Revenue Growth

October 19, 2023

Less than 1 min.

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.

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SAP Shares Surge After Cloud Business Fuels Revenue Growth

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