Microsoft Q4 FY2017 by the numbers: $24.7 billion revenue, $7 billion profit

Microsoft has beaten analyst expectations once again with better than expected quarterly earnings. The Redmond, Wash.-based giant has released its latest quarterly earnings, for Q4 FY2017, showing a non-GAAP revenue of $24.7 billion and GAAP earnings of $0.83 per share. Non-GAAP operating income sat at $7 billion. Wall Street’s analysts predicted $24.3 billion in revenues, representing a seven percent year on year growth. In terms of earnings per share, analysts expected $0.71, a three percent increase compared to the previous year. The biggest gainer for Microsoft was Azure cloud computing platform. Although overall growth slowed slightly, the division still saw increases… [Continue Reading]