SAP Q1 2014: Cloud on the rise, strong euro a concern

[Jeremy Northcutt]

German software maker SAP reported on Thursday Q1 2014 net income of €534 million with earnings of €0.45 per share, up approximately three percent year-over-year, an increase from 520 million euros, or €0.44 euros per share, in the year-ago period (statement)
. Non-IFRS earnings were €0.56 a share on revenue of €667 million.