Microsoft Earnings Beat, Ex Massive Nokia Writedown

By | July 21, 2015

Scalper1 News

Microsoft, deep in a transition to cloud computing, late Tuesday reported better-than-expected earnings for its fiscal Q4, but year-over-year revenue fell for only the second quarter in at least four years. Microsoft’s (MSFT) sales of $22.2 billion for the quarter ended June 30 fell 5% but still edged Wall Street’s consensus estimate of $22 billion. Microsoft said that its revenue would have fallen 2% excluding the impact of foreign currency Scalper1 News

Scalper1 News