Microsoft earnings Q4 2019


Microsoft stock rose 2% after the company released better-than-expected quarterly earnings and guidance.

Here are the key numbers:

  • Earnings: $1.37 per share, excluding certain items, vs. $1.21 per share as expected by analysts, according to Refinitiv
  • Revenue: $33.72 billion, vs. $32.77 billion as expected by analysts, according to Refinitiv

On an annualized basis revenue grew 12% in the fourth quarter of Microsoft’s 2019 fiscal year, which ended on June 30, according to a statement. It’s the ninth straight quarter of double-digit annualized revenue growth, according to FactSet.

Microsoft shares have gained 34% this year, pushing the company past a $1 trillion market cap as investors continue…

Source cnbc.com

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