SAP Regains Ground on Oracle with Preliminary Record Results (SAP, ORCL)

By Jon C. Ogg Updated Apr 28, 4:25AM EDT · Published Jan 13, 9:03AM EST

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If you have tracked enterprise software for long, you know that Oracle Corporation (NASDAQ: ORCL) has been taking market share from SAP AG (NYSE: SAP) for years and years. It has been taking it by acquisitions and often organically. The problem is that Oracle’s latest earnings were disappointing enough that many investors found it far enough off-base and out of character enough that they have started to lose faith. Now a preliminary earnings and revenue report from SAP this morning may further add some question.

SAP reported record software revenue up 16% in the quarter to 1.74 billion euros, and up 22% for the year 2011. More important is that the company is claiming to have beaten its annual guidance in non-IFRS software and
software-related service sales. It is also claiming to have exceeded its earnings guidance on higher margins.

SAP is planning to release more detailed quarterly and annual financial data on January 25 but this was called by the company as having been its “best ever full-year and fourth quarter” in the release.

After closing at $53.25 in New York against a 52-week range of $47.39 to $68.39, the pre-market trading has shares up just over 2.5% at $54.57 in active trading.

Shares of Oracle are indicated down 0.4% at $27.05 against a 52-week range of $24.72 to $36.50.

JON C. OGG

Contact [email protected] for any questions or corrections.

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.