Software AG Earnings, Revenue beat In Q3

  • Investing.com
Software AG Earnings, Revenue beat In Q3

Investing.com - Software AG reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Software AG announced earnings per share of €0.37 on revenue of €197.9M. Analysts polled by Investing.com anticipated EPS of €0.36 on revenue of €195.55M.

Software AG shares are up 11.86% from the beginning of the year and are trading at €34.790 , down-from-52-week-high.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 beat by Sartorius AG VZO on Tuesday, who reported EPS of €1.27 on revenue of €623.2M, compared to forecasts EPS of €1.13 on revenue of €598.73M.

Sartorius AG had beat expectations on Tuesday with third quarter EPS of €1.27 on revenue of €623.2M, compared to forecast for EPS of €1.13 on revenue of €598.73M.

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