SAP: software license growth of 17% in Q3

SAP reported earnings this morning for Q3 2006. Key takeaway: SAP beat software license revenue and margin (pro forma EBIT) beat consensus. The highlights:

• Software revenues - €691 million vs €590 million in Q3 '05 - increase of 17% (20% at constant currencies)
• Product revenues - €1.6 billion vs. €1.4 billion in Q3 '05 - increase of 13% (16% at constant currencies)
• Total revenues - €2.2 billion vs. €2.0 billion in Q3 '05 - increase of 11% (14% at constant currencies)
• Operating income - €583 million vs. €517 million in Q3 '05 - increase of 13%
• Net income - €388 million vs. €334 million in Q3 '05, or €1.27 per share vs. €1.08 per share in Q3 '05 - increase of 16%
• Revenue by region
• Americas - €292 - 19% increase over Q3 '05
• EMEA - €301 - 14% increase over Q3 '05
• Asia/Pacific - €98 - 22% increase over Q3 '05

Here's a link to the presentation used during the earinings call.

A couple of articles
BusinessWeek
Forbes
Bloomberg


[SAP][enterprise software][earnings]