Microsoft Q4 Scores On The Cloud But Loses On Nokia

By | July 22, 2014

Scalper1 News

Microsoft got a boost from its cloud business but took one on the chin from its Nokia phone unit as the company posted fiscal Q4 revenue that edged Wall Street estimates, but earnings fell short. Microsoft (MSFT) said late Tuesday that its commercial cloud revenue jumped 147% from the year-earlier quarter to a run rate of $4.4 billion a year but also said Nokia accounted for a per-share loss of 8 cents. Microsoft stock was flat in after-hours Scalper1 News

Scalper1 News