Microsoft announces 8.8 net profit in the last 3 months.
Microsoft announces $ 8.8 million net profit in the last 3 months.
Announced Microsoft on its earnings report for the third quarter of fiscal year 2019, which ended on March 31 last.
The company achieved an increase in revenues by 14% based on (annually), reaching $ 30.6 million, an increase of 25% in operating income for a total of $ 10.3 million.
Net income was $ 8.8 million, an increase of 19% year on year, earnings per share grew by 20% to 1.14$.
Read in the report of the Microsoft
Adopted Microsoft split its financial report into three main categories: production, operations, cloud, smart, and personal computing
For the category of production processes and operations, revenues stood at $ 10.2 million, and increased by 14% year on year, as the category grew Smart Cloud 22% year on year to 9.7 million, finally, grew the category computing more personal by 8% to $ 10.7 million.
Microsoft confirmed that the main reason behind the growth in the category of production processes and business is a network (LinkedIn), which acquired the company three years ago almost , and saw its revenue increase by 27%
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