SAP 4Q slips, but revenue rises
502175
Software maker SAP AG said Wednesday its profit slipped in the fourth quarter even as sales edged higher, and forecast revenue growth from software sales and services of about 14 percent in 2008.
275120
German software maker SAP AG said a stronger Euro significantly slowed the growth of its revenue and profits during the third quarter.
373114
Dell Inc. said that an increase in sales to corporations led to record revenue in the fourth quarter, although profit slipped because of a one-time tax charge.
235316
Investor's Business Daily - 1 Halting a recent tech slide, Big Blue preannounced that profit rose 24% to $2.80 a share ex items, 20 cents above views. A weak dollar helped lift IBM's revenue   10% to $28.9 bil. But IBM was mum on U.S. results. Meanwhile, German software giant SAP   said Q4 sales rose 10%, beating views. IBM shares rose 5% and SAP 4%.
511570
SAP AG reported an 8 percent jump in its second-quarter net income on Thursday, helped by a sharp increase in revenue from new software licenses.
752812
Sales rise, but earnings and margins are on the fritz.
141984
Europe's biggest software maker SAP could need a year more than anticipated to reach its profitability target as it spends on research, development and marketing, its chief financial officer said on Thursday, sending its shares lower.
694170
Computer Sciences Corp. , the fifth-largest U.S. technology services seller, posted quarterly revenue on Wednesday that missed Wall Street expectations, hit by a fall in U.S. commercial-sector sales.
466908
Brokerage firm A.G. Edwards Inc.  on Thursday said quarterly earnings rose 8 percent as expenses declined, but sluggish equity markets caused profit and revenue to fall short of analysts' forecasts.
28756
3M Co  said on Tuesday fourth-quarter earnings fell as last year's results included a gain for selling a business.
36127
Google said that its profit jumped 17 percent in the fourth quarter, but the earnings fell short of analystsâ expectations, and the companyâs shares fell after hours.
35297
Beating analysts&#39; expectations and citing strong performance worldwide, SAP released preliminary fourth-quarter financial results on Monday, showing revenue will be about &#8364;3.25 billion ($4.8 billion), a rise of 10 percent compared to the same period last year.
657103
When Hewlett-Packard Co. HPQ.N  warned of a profit shortfall last week, it blamed problems it  had combining two SAP systems, something that the computer  maker believed would be relatively simple when they were  putting together a deal to buy Compaq two years ago.
237080
InfoWorld - SAP reported an&#160;8 percent jump in its second-quarter net income on Thursday, helped by a sharp increase in revenue from new software licenses.
400790
Germany's SAP ( SAP : news , chart , profile ) ( DE:716460 : news , chart , profile ) on Thursday posted a 13 percent rise in software revenue for its third quarter and chief executive Henning Kagermann ...
315998
(InfoWorld) - SAP reported anÂ 8 percent jump in its second-quarter net income on Thursday, helped by a sharp increase in revenue from new software licenses. Net income for the quarter was â¬449 million ($605 million as of June 30, the last day of the period being reported), up from â¬415 million in the second quarter last year. That was equal to earnings of â¬0.37 per share, up from â¬0.34 per share a year earlier. Revenue from new software licenses climbed 18 percent to â¬715 million, from â¬604 million last year. Total revenue, including maintenance fees, support and other services, climbed 10 percent to â¬2.4 billion, up from â¬2.2 billion in the second quarter of 2006. The results were better than some analysts expected and showed that SAP is continuing to add new customers even while its main rival, Oracle, grows its applications business throughÂ acquisitions. For the comparable period, its financial quarter ending May 31,Â Oracle increased revenueÂ from new applications licenses by 13 percent, to $641 million. In SAP's biggest market -- Europe, the Middle East, and Africa -- total revenue was up by 12 percent, to â¬1.27 billion. Growth in the Americas, dragged down by the strong euro against the U.S. dollar, was just 6 percent, to give revenue of â¬853 million. SAP continues to grow fastest in Asia, where revenue climbed 20 percent to â¬304 million. CEO Henning Kagermann called it "an excellent quarter." SAP will continue to invest heavily in new products for the midmarket, he said in a statement. The company is spending â¬300 million to â¬400 million over two years to develop a new suite of on-demand applications, intended to offset slower growth from large enterprises. The results come as SAP continues toÂ battle Oracle in U.S. courtÂ for alleged corporate theft. Oracle charged that SAP's TomorrowNow subsidiary hacked into Oracle's customer support Web site and downloaded software fixes and support materials for Oracle's PeopleSoft and JD Edwards applications. SAP planned to use the materials to offer cut-rate services to Oracle customers, according to Oracle's lawsuit. In its response last month, SAP admitted that TomorrowNow employees had made someÂ "inappropriate" downloadsÂ of Oracle materials. But it played down the extent of the transgressions and said SAP itself did not have access to the materials. A case management conference is set for September. Â
614561
Microsoft Corp. MSFT.Oon Thursday  said its quarterly profit climbed as revenue rose 12 percent,  but its shares fell as investors failed to account for the  effect of the expensing of stock-based compensation in  assessing the earnings.