Microsoft's quarterly profit more than doubles [FOX Business Network]
Microsoft Corporation (MSFT)
Last microsoft corporation earnings: 4/29 04:06 pm
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Source: FOX Business Network
Microsoft Corp reported a quarterly profit that more than doubled, helped by a tax benefit and strong growth in its cloud business. Continue Reading Below The company's net income rose to $6.51 billion, or 83 cents per share, in the fourth quarter ended June 30 from $3.12 billion, or 39 cents per share, a year earlier. On an adjusted basis, revenue rose 9.1 percent to $24.7 billion. Microsoft's shares rose 1 percent in trading after the bell on Thursday. (Reporting by Gayathree Ganesan and Rishika Sadam in Bengaluru; Editing by Anil D'Silva)
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