SAP said first-quarter operating profit, excluding stock-based compensation charges and acquisition costs, rose 28 percent to 304 million euros ($329.8 million), within the upper end of the range of expectations.
Software license sales, the key measure of underlying growth, fell to 352 million euros from 402 million euros, in line with expectations.
Sales in the first quarter, normally the weakest of the year, were down eight percent at 1.5 billion euros.
Forecasts from 21 analysts polled by Reuters put license sales between 325-406 million euros ($351-438 million) at an average of 367 million, while the average forecast for overall revenues was 1.658 billion euros
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