SAP SE reported 10% revenue growth on a 27% jump in cloud sales in its fiscal fourth quarter, beating analyst estimates.
Total revenue of €9.38 billion ($9.79 billion) in constant currencies beat Wall Street forecasts, while operating profit jumped 24%, to €2.44 billion ($2.55 billion).
Cloud revenue totaled €4.67 billion ($4.87 billion) in the quarter and €17.21 billion ($17.96 billion) for the year, up 26%.
SAP hinted at a forthcoming 'game-changing innovation' to be announced on Feb. 13.