SAP Posts Strong Q1 Results Amid Volatile Market
SAP SE has reported its financial results for the first quarter ended March 31, 2025. The company’s current cloud backlog increased by 28% and 29% at constant currencies, reaching €18.2 billion. Cloud revenue grew 27% and 26% at constant currencies, with cloud ERP suite revenue rising 34%. Total revenue also showed a double-digit increase of … Read more