Shares of SAP fell Wedneday after the German software company’s third-quarter profit grew less than analysts had expected. Sales beat Wall Street expectations, growing 20% year over year, but net income rose only 12% on lower margins.

Continue reading SAP Misses Third-Quarter Earnings Expectations as Margins Fall

SAP Misses Third-Quarter Earnings Expectations as Margins Fall originally appeared on DailyFinance on Wed, 27 Oct 2010 20:30:00.

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