SAP Profit Plunges 23%
SAP Profit Plunges 23% Following Cloud Move -- Update
SAP Profit Plunges 23% Following Cloud Move -- 2nd Update
Concur Technologies CNQR recently reported fourth-quarter results for its September fiscal year-end. Performance was close to most of our estimates, and our fair value estimate remains unchanged. Revenue increased 40%, compared with the fourth quarter of 2005, to $27.5 million in the quarter. For ...