Investing.com - SAP ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
SAP ADR announced earnings per share of €1.68 on revenue of €7.64B. Analysts polled by Investing.com anticipated EPS of €1.21 on revenue of €7.6B.
SAP ADR shares are up 10.27% from the beginning of the year and are trading at €143.78 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
SAP ADR shares gained 1.32% in intra-day trade after the report.
SAP ADR follows other major Technology sector earnings this month
SAP ADR's report follows an earnings beat by Taiwan Semiconductor on Thursday, April 15, 2021, who reported EPS of €0.9497 on revenue of €12.77B, compared to forecasts EPS of €0.9247 on revenue of €12.78B.
Danaher had beat expectations on Thursday with first quarter EPS of €2.52 on revenue of €6.86B, compared to forecast for EPS of €1.74 on revenue of €6.26B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar