SAP SE said late Wednesday that revenue for the first quarter rose and adjusted its full-year guidance due to the effect of the coronavirus pandemic on its business. The German software company said preliminary results showed total revenue rose 7% on year to 6.52 billion euros ($7.08 billion). Revenue in the cloud business segment grew 29% on year to EUR2.01 billion, while software licenses revenue was down 31% to EUR450 million.
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