Categories AlphaGraphs, Earnings, Technology

Microsoft’s (MSFT) Q4 FY20 earnings in a nutshell

Azure revenue growth declined to 47% in Q4 from the 59% growth registered in the third quarter of 2020

Microsoft (NASDAQ: MSFT) reported fourth quarter fiscal 2020 EPS of $1.46. Revenue grew 13% to $38 billion, which bettered the consensus estimates. Shares of the tech giant fell about 3% in the after-hours trading session.

Microsoft (MSFT) Q4 2020 Earnings Infograph

Azure revenue growth declined to 47% in Q4 from the 59% growth registered in the third quarter of 2020.

Also read: Can Microsoft reach a market cap of $2 trillion by 2022?

Microsoft (MSFT) Q4 FY20 earnngs - Azure revenue

“The last five months have made it clear that tech intensity is the key to business resilience. Organizations that build their own digital capability will recover faster and emerge from this crisis stronger,” said CEO Satya Nadella.

Check out Microsoft Q4 2020 earnings call transcript

Most Popular

Earnings calendar for the week of August 2

Labor market conditions improved once again and jobless claims dropped to about 400,000 after rising last week, as economic activity picked up. Stocks rallied in the action-packed week and benchmark

IPO News: Here’s everything you need to know about Healthcare Royalty’s upcoming IPO

In the first half of 2021, a record number of private companies entered stock markets in the US, marking a multifold increase from the same period of 2021. The IPO

ExxonMobil (XOM) Earnings: Q2 numbers top expectations

Energy giant ExxonMobil Corporation (NYSE: XOM) reported a profit for the second quarter of 2021, compared to a loss last year, even as operating conditions continued to improve. The results

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top