[BUSINESS]■ STORY TIMELINE

SAP BEATS Q1 ESTIMATES, CLOUD SURGES 19%

SAP reported first-quarter revenue of €9.56 billion, edging past analyst expectations of €9.53 billion. Non-IFRS operating profit jumped 17% to €2.87 billion, with cloud revenue accelerating to €5.96 billion.

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SAP reports Q1 revenue up 6% YoY to €9.56B, vs. €9.53B est., non-IFRS operating profit up 17% to €2.87B, cloud revenue up 19% to €5.96B; SAP up 10%+ after hours (Reuters)

Reuters: SAP reports Q1 revenue up 6% YoY to €9.56B, vs. €9.53B est., non-IFRS operating profit up 17% to €2.87B, cloud…

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