08-07-2020 23:51 via news.yahoo.com

SAP says business recovered more than expected in second quarter

SAP said on Wednesday its business activity gradually improved in the second quarter from the effects of a global lockdown, with revenues and operating profit edging up, and the German software maker confirmed its full-year outlook."Software licenses revenue, while still below normal levels, recovered more than expected", SAP said in a pre-released earnings statement, adding that the revenue showed a strong sequential improvement compared to the first quarter.
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