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SAP Reports Strong Sales in Q2, Offers Bright Outlook
Dan Nystedt, IDG News Service
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Business software maker SAP on Tuesday reported strong second quarter revenue as sales of software and software-related services expanded, but the company's net profit declined due to charges related to its acquisition of France's Business Objects SA.
SAP reported a net profit of €408 million (US$641.6 million) for the second quarter, down 9 percent from the same time last year. However, sales linux enterprise server carthage increased 18 percent year-on-year to €2.86 compaq proliant pl 6400r server billion.
"We can attribute our strong performance to good overall execution and the continued strength in all three core areas of our computer server business, the established business, the mid-market and business user solutions," the company said in a statement.
SAP also refined its full-year 2008 outlook to the top end of its former guidance, a sign business remains strong. The company now expects full year non-GAAP software and software-related service revenue to at the top ad-aware server reset error end of the 24 percent to 27 percent range it had previously given. SAP's dns server freeware full year operating margin control through apache server will also reach the upper range of the 28.5 percent to 29 percent range provided previously.
The revised outlook figures do not include any negative impact from SAP's €4.8 billion acquisition of Business Objects, a deal that was finalized early this year. The purchase broke from tco workgroup server SAP's streaming server traditional strategy of avoiding large acquisitions. But SAP said the deal would add thousands of decrypting password sql server new customers and a new product line in the fast growing business intelligence software segment.
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Business Objects SA - Technology - Software - Science and Technology - server windows days netdesk important Computer Technology - microsoft sql server upgrade prices Company Activities and Information - Earnings and Loss Announcements
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