Know-how large Microsoft Company MSFT reported fourth-quarter monetary outcomes after market shut Wednesday.

Listed here are the important thing highlights.

What Occurred: Microsoft reported fourth-quarter income of $76.44 billion, up 17% year-over-year. The income whole beat a Road consensus estimate of $73.80 billion in accordance with information from Benzinga Professional.

The corporate reported fourth-quarter earnings per share of $3.65, beating a Road consensus estimate of $3.37.

Here is a take a look at Microsoft’s income by reporting section:

Productiveness and Enterprise Processes: $33.1 billion, +16% year-over-year

Clever Cloud: $29.9 billion, +26% year-over-year

Extra Private Computing: $13.5 billion, +9% year-over-year

The corporate reported that Microsoft 365 Business cloud income elevated by 18% year-over-year. Microsoft 365 Shopper cloud income was up 20% year-over-year within the quarter.

Throughout the Clever Cloud section, income from Azure and different cloud companies elevated by 39% year-over-year.

Xbox content material and companies income was up 13% year-over-year within the quarter.

Total cloud income was $46.7 billion within the quarter, representing a 27% year-over-year enhance throughout numerous segments.

The corporate’s full fiscal yr income was $281.7 billion, up 15% year-over-year. Full-year earnings per share have been $13.64, up 16% year-over-year.

“Cloud and AI is the driving pressure of the enterprise transformation throughout each business and sector,” Microsoft CEO Satya Nadella stated. “We’re innovating throughout the tech stack to assist prospects adapt and develop on this new period.”

Nadella stated Azure surpassed the $75 billion income milestone for the total fiscal yr, representing a 34% year-over-year enhance.

The corporate will present an replace on steerage throughout its earnings name, which may be considered beneath.

MSFT Worth Motion: Microsoft inventory is up 7.2% to $550.01 in after-hours buying and selling versus a 52-week buying and selling vary of $344.79 to $518.29.

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