BERLIN—Business-software maker SAP SE raised its earnings outlook as strong growth in cloud-based software drove a 22% increase in fourth-quarter profit, beating analysts’ estimates. The Walldorf, Germany-based company reported its first results under its new leadership, after longtime Chief Executive Bill McDermott departed and Jennifer Morgan and Christian Klein were appointed co-CEOs in October.

Source: Wall Street Journal January 28, 2020 08:48 UTC