SAP earnings short of expectations
- Published: 16 Jan 2013 at 08.36
- Online news:
FRANKFURT - Shares in Europe's biggest software maker, SAP, fell Tuesday after the company unveiled lower-than-expected fourth quarter revenue figures.
SAP, which maintains a large Thailand office located in Bangkok, said revenue jumped 12 per cent to 5.06 billion euros ($6.8 billion) in the three months to end of December.
But this fell short of forecasts by analysts who had expected a gain to 5.13 billion euros.
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