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July 27, 2022
REDMOND (AP) — Microsoft on Tuesday reported fiscal fourth-quarter profit of $16.7 billion, or $2.23 per share, a rare disappointment from the tech giant that has consistently beat Wall Street expectations in recent years. It posted revenue of $51.9 billion in the April-June period, up 12% from last year.
Analysts had been looking for earnings of $2.29 per share and revenue of $52.94 billion, according to FactSet.
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