Software AG released a mixed set of results. Q2 revenue and profit were in line with the street’s expectations, which is very good news, while the DBP 2019 outlook was reduced. With both a new CEO and strategy announced in FY18 (Helix), upside is likely but it will take time.


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Weak DBP
- Published:
19 Jul 2019 -
Author:
Luis Pereira -
Pages:
2 -
Software AG released a mixed set of results. Q2 revenue and profit were in line with the street’s expectations, which is very good news, while the DBP 2019 outlook was reduced. With both a new CEO and strategy announced in FY18 (Helix), upside is likely but it will take time.