7/26/2022, 10:02 PM (Source: TeleTrader)
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Microsoft misses estimates with Q4 revenue at $51.9B

Microsoft Corporation said on Tuesday its revenue in the fourth quarter of fiscal 2022 amounted to $51.9 billion, jumping 12% compared to the same period a year earlier but coming in below estimates.

The tech giant's GAAP diluted earnings per share rose 3% year on year to $2.23 and GAAP net income increased 2% to $16.7 billion. GAAP operating income was up 8% to $20.5 billion.

For the full fiscal 2022, Microsoft's revenue climbed 18% to $198.3 billion and diluted EPS rallied 20% to $9.65.

Microsoft shares fell 2.09% in after-hours trading on disappointing results.

Baha Breaking News (BBN) / NP