SAP’s Q3 adjusted operating profit rose 1% to €1.64B as revenue climbed 8% to €5.4B and topped forecasts of €5.3B. SAP (NYSE:SAP) obtained over 400 new customers for its flagship S/4 Hana cloud platform, with 4,100 businesses now running the suite. The German company also increased its outlook for adjusted operating profit, and cloud and software revenue. “The pipeline is more robust than it has ever been going into the fourth quarter,” CEO Bill McDermott said. Shares were +1.7% premarket.
