MS Q4 Net Profit Rises 21%... Exceeds Wall Street Expectations
[Asia Economy Reporter Yujin Cho] Microsoft (MS) announced on the 25th (local time) that its fourth-quarter revenue last year increased by 20% compared to the same period the previous year, reaching $51.7 billion (approximately 62 trillion KRW), and net profit rose by 21% to $18.8 billion.
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This exceeded Wall Street's consensus (average earnings forecast) compiled by financial information firm FactSet, which projected revenue of $50 billion and net profit of $17.4 billion.
This content was produced with the assistance of AI translation services.
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