Financials

Strong SAP results reveal record cloud performance
For the fourth quarter, the company saw rapid expansion of current cloud backlog to €9.45bn, up 32 percent. Driven by strong adoption of RISE with SAP, S/4HANA current cloud backlog is up 84 percent to €1.71bn, while cloud revenue increased by 28 percent to €2.61bn.
Daniel Dines UiPath | UiPath first quarter
UiPath beats revenue expectations in Q3
UiPath, the automation software provider, has announced results for Q3 2022 ended 31 October 2021, revealing a 50 percent year-on-year increase in revenue to $220.8m.
image of Bill McDermott / CEO of ServiceNow
ServiceNow reports $1.4bn in subscription revenue
ServiceNow has announced financial results for Q3 ended 30 September 2021, revealing a 31 percent year-on-year increase in subscription revenue to $1.4bn.
Christian Klein / SAP CEO | SAP first quarter
SAP Q3 boosted by cloud
has announced strong financial results for Q3 ended 30 September 2021, showing a 20 percent year-on-year rise in cloud revenue to €2.39bn and a surge in RISE with SAP adoption.
image of the Oracle office/ Oracle debuts Compute Cloud@Customer
Cloud revenue up for Oracle
Oracle has announced its fiscal 2022 Q1 results, showing a 4 percent year on year increase in quarterly revenues to $9.7bn.
image of Bill McDermott / CEO of ServiceNow
ServiceNow Q2 results surpass expectations
ServiceNow has exceeded expectations with its latest set of financial results, reporting Q2 revenue of $1.41bn, up 27 percent from the same period last year. Wall Street had anticipated second quarter revenue of $1.36bn.
Oracle Q4 beats estimates
Oracle has reported its fiscal 2021 Q4 results, revealing total quarterly revenue growth of 8 percent year-on-year to $11.2bn.
image of Bill McDermott / CEO of ServiceNow
ServiceNow’s stock falls despite solid Q1 performance
Despite its first quarter results exceeding expectations, ServiceNow’s stock fell after the company revealed it had added fewer big contracts in Q1 than in previous quarters.
SAP reveals preliminary Q4 and full year results
SAP has announced its preliminary financial results for the fourth quarter and full year ended 31 December 2020...
image of Bill McDermott / CEO of ServiceNow
Solid first quarter results for ServiceNow
ServiceNow has released financial results for Q1, with subscription revenues of $995m representing 34 percent...