Microsoft's Q4 Earnings and 2020 Expectations Are Through the Roof
Microsoft released their Q4 earnings and it's (almost) all good news. The giant registered amazing growth on all departments, increasing its share price by one third. It was a record fiscal year for Microsoft, and the numbers exceeded all expectations:
- Revenue was $33.7 billion and increased 12%
- Operating income was $12.4 billion and increased 20%
- Net income was $13.2 billion GAAP and $10.6 billion non-GAAP, and increased 49% and 21%, respectively
- Diluted earnings per share was $1.71 GAAP and $1.37 non-GAAP, and increased 50% and 21%, respectively
- GAAP results include a $2.6 billion net income tax benefit explained in the Non-GAAP Definition section below
Of course, Microsoft's partnership with many industry leading companies also played a role in the constant development and improvement of their products. Despite Azure leading the way, Office 365, Windows, and Microsoft Teams also contributed to the growth. [Teams recently overtook Slack with 13 million daily users.]
Microsoft released their Q4 earnings and it's (almost) all good news. The giant registered amazing growth on all departments, increasing its share price by one third. It was a record fiscal year for Microsoft, and the numbers exceeded all expectations:
- Revenue was $33.7 billion and increased 12%
- Operating income was $12.4 billion and increased 20%
- Net income was $13.2 billion GAAP and $10.6 billion non-GAAP, and increased 49% and 21%, respectively
- Diluted earnings per share was $1.71 GAAP and $1.37 non-GAAP, and increased 50% and 21%, respectively
- GAAP results include a $2.6 billion net income tax benefit explained in the Non-GAAP Definition section below
Of course, Microsoft's partnership with many industry leading companies also played a role in the constant development and improvement of their products. Despite Azure leading the way, Office 365, Windows, and Microsoft Teams also contributed to the growth. [Teams recently overtook Slack with 13 million daily users.]
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