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Business software giant SAP on Thursday reported better-than-expected third-quarter earnings, driven largely by increased sales worldwide.
The company said that net income for the quarter, which ended Sept. 30, reached $366 million, or roughly 94 cents per share. Those results represent a 15 percent increase over the same period last year, when the company had profits of $317 million, or 81 cents per share. The results also easily bested analysts' average earnings expectations of 92 cents per share, according to a poll by Thomson First Call.
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