SAP REPORTS FOURTH-QUARTER BOOST
SAP, the enterprise resource planning vendor that has branched out into e-procurement and customer relationship management, said preliminary fourth-quarter results showed a 27-percent jump in revenue, to 2.1 billion euro ($2 billion).
Software licenses were up 25 percent from the pervious quarter, to more than 1 billion euro. Operating income, before charges for an employee stock plan, increased more than 40 percent to about 600 million euro.
SAP's final results will be released Jan. 23.
SAP REPORTS FOURTH-QUARTER BOOST
