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The company said that revenues increased 14% during the year. up to $ 110.4 billion
Meanwhile, annual net profit declined $ 25.5 billion. USD, or USD 3.25 per share, a year earlier, to EUR 16.6 billion. USD or 2.13 USD per share. The decline was caused by a single loss of $ 13.7 billion. US dollar write-offs related to US tax reform.
In the fourth quarter of the year, Microsoft's net profit rose $ 8.07 billion. USD, or USD 1.03 per share, a year earlier, to 8.8 billion.
Earnings, excluding special items, increased from $ 1.06 to $ 1.13 per share for the quarter ended June 30 and were higher than badysts' forecasts for an average of $ 1.08 per share. Indicator [19659002] Quarterly inflows jumped 17%. up to $ 30.1 billion and exceeded the average market forecast of $ 29.21 billion. "Our years of investment in cloud computing and artificial intelligence have paid off, and we will continue to strengthen our positions in the major growth markets to which we will be offering a range of services," the report said. Microsoft CEO, Satya Nadella. Innovation, "he added
During this fiscal year, Microsoft hopes to achieve better results and intends to continue investing in promising trends.
According to Tripo Chowdhry, an badyst at Global Equities Research, Microsoft Patrick Moorhead, an badyst at Moor Insights & Strategy, said, "The company has achieved a double-digit growth rate in every business area," he said. said Patrick Moorhead, an badyst at Moor Insights & Strategy. …, – he said. – Satya Nadella and her team are moving at full speed. "
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