SAP : Looking ahead to a fairly unexciting Q4 2021 and 2022 guidance
>Gross margin robust, but surge in opex in Q3 - SAP released its final Q3 2021 numbers yesterday before trading, with some new information:Qualtrics posted Software constant forex growth of 47%, in line with previous quarters (Q2: +48%; Q1: +46%, both at constant forex). The stock closed up 5% on Nasdaq yesterday.However, Cloud growth in the Americas (+14% at constant forex) remains significantly lower than for other parts of the group (group: +20% at consta...SAP is engaged in selling licenses for software solutions and related support services. Co. derives its revenue from fees charged to its customers for the use of its cloud solutions and for licensing of on-premise software products and solutions. Additional sources of revenue are support, professional services, development, training, and other services. Co. has more than 300,000 customers in over 180 countries. Co.'s SAP HANA platform holds the ability to simplify both the user experience and the overall IT landscape, creating a smaller data footprint, increased system throughput, and easier data processing and operation.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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