SAP on Wednesday posted a 58% year-on-year jump in first-quarter operating profit in constant currency, also confirming its outlook for full-year cloud revenues. The German software giant last month ...

SAP SE’s first-quarter profit topped analysts’ estimates, even as its closely watched cloud revenue came in slightly below projections.

SAP on Wednesday posted a 58% year-on-year jump in first-quarter operating profit in constant currency ... adding that SAP was helping companies do business in more than 130 countries.