Microsoft (MSFT) Q4 EPS Jumps 35%, Beats Street
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Price: $34.15 -1.33%
EPS Growth %: +20.0%
Financial Fact:
Research and development: 2.64B
Today's EPS Names:
TARO, SENEA, UQM, More
EPS Growth %: +20.0%
Financial Fact:
Research and development: 2.64B
Today's EPS Names:
TARO, SENEA, UQM, More
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Software giant Microsoft (Nasdaq: MSFT) reported better-than-expected fourth-quarter results after the close Thursday, showing strong revenue growth in the company's online and entertainment units.
Revenue for the quarter rose 8 percent to $17.37 billion, which slightly surpassed the consensus of $17.25 billion. Earnings per share rose 35 percent to $0.69 per share, 11 cents better than the consensus of $0.58.
Microsoft Business Division revenue grew 7 percent in the quarter, Server & Tools revenue grew 12 percent and Windows and Windows Live Division revenue declined 1 percent. Online Services Division revenue grew 17 percent for the fourth quarter. Online results were driven by a 340 basis points search share increase to 14.4 percent. Entertainment & Devices Division revenue grew 30 percent for the fourth quarter, driven by the success of Kinect.
"Throughout fiscal 2011, we delivered to market a strong lineup of products and services which translated into double-digit revenue growth, and operating margin expansion," said Peter Klein, chief financial officer at Microsoft. "Our platform and cloud investments position us for long-term growth."
Microsoft reaffirms fiscal 2012 operating expense guidance of 3 to 5 percent growth from 2011, or $28.0 billion to $28.6 billion.
Shares of Microsoft are down nearly 1 percent in the after-hours session.
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Revenue for the quarter rose 8 percent to $17.37 billion, which slightly surpassed the consensus of $17.25 billion. Earnings per share rose 35 percent to $0.69 per share, 11 cents better than the consensus of $0.58.
Microsoft Business Division revenue grew 7 percent in the quarter, Server & Tools revenue grew 12 percent and Windows and Windows Live Division revenue declined 1 percent. Online Services Division revenue grew 17 percent for the fourth quarter. Online results were driven by a 340 basis points search share increase to 14.4 percent. Entertainment & Devices Division revenue grew 30 percent for the fourth quarter, driven by the success of Kinect.
"Throughout fiscal 2011, we delivered to market a strong lineup of products and services which translated into double-digit revenue growth, and operating margin expansion," said Peter Klein, chief financial officer at Microsoft. "Our platform and cloud investments position us for long-term growth."
Microsoft reaffirms fiscal 2012 operating expense guidance of 3 to 5 percent growth from 2011, or $28.0 billion to $28.6 billion.
Shares of Microsoft are down nearly 1 percent in the after-hours session.
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