SAP reports Q3 EPS EUR 1.08 vs. EUR 0.57 last year

Reports Q3 revenue EUR 7.74B vs. EUR 7.48B last year. Christian Klein, CEO: “Our Q3 results are yet another proof point that we have entered the next phase of our transformation. We accelerated cloud growth across our portfolio and significantly expanded our cloud gross margins. Our strong focus on innovation, including our latest SAP Business AI capabilities, ensure SAP’s continued resiliency in the face of tough macroeconomic conditions and increasing geopolitical tensions.”