SAP tops earnings forecast, says tariffs havent disrupted its pipeline

News Source : SiliconANGLE News
News Summary
- Total revenue of $10
- 18 billion was up 11% in constant currency from $9
- 09 billion in the same period a year ago
- Cloud and software revenue rose 13%, to $8
- 98 billion
- The current backlog of $20
- 57 billion is up 29%, while cloud enterprise resource planning suite revenue jumped 33%
With global markets gyrating over the expected impact of tariffs, SAP SE provided some needed reassurance by posting operating profits that soundly beat consensus estimates on revenue slightly lower [+3916 chars]