SAP AG (SAP) Posts Strong Preliminary Q3 Results
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After a preliminary review of its 2011 third quarter performance, SAP AG (NYSE: SAP) today announced the following preliminary financial results for the third quarter and nine months ended September 30, 2011. All figures are approximate due to the preliminary nature of the announcement.
Total sales are expected to be E$3.409 billion, up from $3.003 billion in Q3 2010 and the consensus of $3.3 billion. Operating margin is predicted to be 51.5 percent, well above the 23.8 percent in Q3 2010
Total sales are expected to be E$3.409 billion, up from $3.003 billion in Q3 2010 and the consensus of $3.3 billion. Operating margin is predicted to be 51.5 percent, well above the 23.8 percent in Q3 2010
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