Investing.com - Software AG reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Software AG announced earnings per share of €0.68 on revenue of €237.8M. Analysts polled by Investing.com anticipated EPS of €0.57 on revenue of €229.53M.
Software AG shares are up 2.82% from the beginning of the year, still down 22.97% from its 52 week high of €44.50 set on September 10, 2020. They are outperforming the EUR/USD 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 missed by Sartorius AG VZO on Wednesday, who reported EPS of €1.29 on revenue of €655.7M, compared to forecasts EPS of €1.33 on revenue of €609.86M.
Sartorius AG had missed expectations on Wednesday with fourth quarter EPS of €1.29 on revenue of €655.7M, compared to forecast for EPS of €1.33 on revenue of €609.86M.
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