SAP Revenue Soars

Thursday Jan 13th 2011 by Staff

The company's software revenue rose 27 percent in the fourth quarter.

Wall Street Journal: SAP has reported that its software-related revenue for the fourth quarter rose 27 percent to hit $4.28 billion. The figures include revenue from recently acquired Sybase.

However, SAP did not report net earnings because it is still awaiting final resolution of Oracle's lawsuit against SAP, which the company expects will negatively affect earnings.

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