homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

July 27, 2022

Microsoft misses profit targets

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.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.