Originally published at www.seclive.com
Filing in Focus: Microsoft 8-K, July 22, 2014
Microsoft Corporation (NASDAQ:MSFT) announced its financial results for the fourth quarter of fiscal year 2014, reporting a rise in revenue and decrease in earnings. Revenue and gross margin improved, with revenue rising from the year-ago $19.9B to $23.4B. Earnings fell sharply from $5.0B and $0.59 per share to $4.6B and $0.55 per share, impacted in part by poor performance from its recently acquired Nokia. Commercial cloud revenue jumped 147% to an annualized run rate of $4.4B while Bing search revenue increased 40%. Server products revenue improved 16% while Windows volume licensing improved 11%. CEO Satya Nadella remarked that the company's performance in commercial cloud revenue was particularly pleasing and is overall pleased with the direction and solid performance going into the new fiscal year.
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