SAP SE (SAP), 2024 Q4 earnings digest

from Earnings Report Digest · host ValueVerge

$SAP shares surge as the company reports strong Q4 2024 earnings, with cloud revenue up 27% and total revenue hitting €34 billion, a 10% increase year-on-year. Key highlights include a cloud backlog reaching €63 billion, showcasing robust growth prospects. However, risks remain with software license revenue declining by 21%. Future opportunities in AI are promising, with the potential to enhance efficiency by 30% by 2025.

Episode metadata supplied by the publisher feed · Published Jan 29, 2025

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SAP SE (SAP), 2024 Q4 earnings digest

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