Microsoft (NASDAQ: MSFT) reported fourth-quarter 2021 financial results after the regular market hours on Tuesday. The tech giant reported Q4 revenue of $46.2 billion, up 21% year-over-year and higher than the Wall Street projection. Net income of $2.17 per share was also above the target that analysts had anticipated.
MSFT shares fell 2.5% immediately following the announcement. The stock has gained 31% since the beginning of this year.