Microsoft: Q4 EPS above estimates
(CercleFinance.com) - On Wednesday evening, Microsoft unveiled Q4 2019-20 (non-GAAP) net profit that is up 5% at 11.
2 billion dollars, meaning EPS of 1.46 dollar, eight cents above the consensus.
Revenues of the Redmond (Washington State) IT giant increased by 13% to 38 billion dollars, in particular with increased demand for cloud computing, due to the development of distance working resulting from the health crisis.
For FY 2019-20, Microsoft thus reported (non-GAAP) net profit that is up 20% at 44.3 billion dollars, or 5.76 dollars per share, for revenues that are up 14% at 143 billion dollars.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
2 billion dollars, meaning EPS of 1.46 dollar, eight cents above the consensus.
Revenues of the Redmond (Washington State) IT giant increased by 13% to 38 billion dollars, in particular with increased demand for cloud computing, due to the development of distance working resulting from the health crisis.
For FY 2019-20, Microsoft thus reported (non-GAAP) net profit that is up 20% at 44.3 billion dollars, or 5.76 dollars per share, for revenues that are up 14% at 143 billion dollars.
Copyright (c) 2020 CercleFinance.com. All rights reserved.