Investing.com – Software AG reported on Friday first quarter that missed analysts’ forecasts and revenue that fell short of expectations.
Software AG announced earnings per share of €0.23 on revenue of €183.1M. Analysts polled by Investing.com anticipated EPS of €0.233 on revenue of €185.8M.
Software AG shares are up 8.76% from the beginning of the year and are trading at €36.260 , down-from-52-week-high.They are outperforming the which is down 0% from the start of the year.
Software AG follows other major Technology sector earnings this month
Software AG’s report follows an earnings beat by SAP on Thursday, who reported EPS of €1.4 on revenue of €6.35B, compared to forecasts EPS of €1.01 on revenue of €6.32B.
Sartorius AG VZO had beat expectations on Wednesday with first quarter EPS of €1.77 on revenue of €791.1M, compared to forecast for EPS of €1.65 on revenue of €741.75M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
