German softwaremaker

SAP

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said Monday it would report better-than-expected fourth-quarter earnings, sending its shares up a whopping 21%, or $6.25, to $35.50, in preopen trading on electronic brokerage

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.

SAP, which announced results earlier than anticipated, said the earnings represent a 27% increase over the same period a year ago. It also said sales growth was fueled by strong software license sales.

The company said it will provide more details on Jan. 23.