The giant of the information technology sector Microsoft has published the results of the last quarter. It turned out that it was possible to improve them, moreover, they also exceeded expectations, but after the trading session, its shares fell: Microsoft 411.40 (-2.72%) .
During the last quarter of this company's last fiscal year, its revenue reached 64.727 billion. dollars, and it was expected to amount to an average of 64.39 billion. dollars. Compared to the same period a year ago, revenue grew by 15.2 percent.
Microsoft's operating profit during the mentioned period also rose by more than fifteen percent to 27.925 billion. dollars, and the net – about ten percent to 22.036 billion. dollars or up to 2.95 dollars per share.
The market expected that the quarterly net profit per share will amount to an average of 2.93 dollars.
In total, during the last financial year of this information technology giant, its income reached 245.122 billion. dollars, or about sixteen percent more than in the previous financial year. Operating profit grew by 23.6 percent to 109.433 billion. dollars, and net profit – 21.8 percent to 88.136 billion. dollars.
Microsoft's management expects this quarter's revenue to reach 63.8 – 64.8 billion. dollars, or an average of 13.8 percent more than a year ago during the same period. The market predicted that they will amount to an average of 65.24 billion. dollars.
This year, the market value of this company has increased by fourteen percent, and in the last one year – by 25.9 percent.