Jan 29 – SAP on Thursday reported fourth-quarter revenue that met market estimates, as resilient demand for its cloud software and services suggested enterprise spending held up despite a cooling global economy.
The company reported total revenue of 9.7 billion euros ($11.6 billion) for the quarter, in line with a company-compiled consensus.
Cloud revenue for the fourth quarter came in at 5.6 billion euros versus a consensus of 5.5 billion euros.
($1 = 0.8341 euros)
(Reporting by Leo Marchandon and Tristan Veyet in Gdansk)
