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Updated from 12:13 p.m. EDT
After a string of nothing but bad news for software investors, SAP (SAP Quote) said Friday the company is doing better than expected as it wraps up the first half of the year.
In recent trading, shares of the German software giant were up $1.75, or 4.6%, to $39.41.
Operating income excluding stock-based compensation and acquisition-related charges will range from 420 million to 430 million euros, the company said. Analysts polled by Reuters had forecast, on average, operating income of 426 million euros. ...
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