WALLDORF, Germany (
, the world's No. 1 maker of business-management software, said second-quarter earnings rose 15% as revenue gained 12%.
Germany's SAP said second-quarter profit was €491 million ($638.5 million) vs. €426 million a year earlier. Revenue rose to €2.89 billion.
SAP said software revenue rose 17% to €637 million and software and software-related service revenue gained 16% to €2.26 billion.
Werner Brandt, SAP's chief financial officer, said in a statement that the "top-line results were driven by continued growth in software revenue, strong support revenue, mainly from the majority of our customers who endorsed Enterprise Support, and double-digit growth in subscription revenue."
SAP said it had "outstanding growth" in markets like the U.S. and it saw "continued double-digit growth in key emerging markets in Latin America and Asia." SAP attributed the performance to "renewed customer confidence."
SAP shares were trading about 2% lower in Frankfurt.
-- Reported by Joseph Woelfel in New York.
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