REDMOND, Wash. (AP) — REDMOND, Wash. (AP) — Microsoft Corp. (MSFT) on Wednesday reported fiscal fourth-quarter net income of $35.77 billion.
The Redmond, Washington-based company said it had profit of $4.81 per share. Earnings, adjusted for non-recurring gains, were $4.74 per share.
The results surpassed Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $4.21 per share.
The software maker posted revenue of $90.01 billion in the period, also surpassing Street forecasts. Twelve analysts surveyed by Zacks expected $87.44 billion.
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