SAP Revenue Rises 11% in First Quarter, But Margin Shrinks

The enterprise software vendor expects revenue to rise 15 to 20 percent in the second quarter.

Computerworld: Enterprise software vendor SAP has released preliminary financial data for the first quarter, and the company said revenue climbed 11 percent compared to last year, hitting €3.35 billion ($4.36 billion). However, margins declined from 19.7 percent in 2011 to 18.8 percent this year, for total income of €630 million ($820 million).

Thanks to a backlog of pending deals, the company expects to post stronger results in the second quarter, with projected revenue growth of 15 to 20 percent.

Tags: enterprise software, earnings, SAP, revenue

0 Comments (click to add your comment)
Comment and Contribute


(Maximum characters: 1200). You have characters left.



IT Management Daily
Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that datamation.com may send you Datamation offers via email, phone and text message, as well as email offers about other products and services that Datamation believes may be of interest to you. Datamation will process your information in accordance with the Quinstreet Privacy Policy.