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.