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Mike Mozart
For the period, diluted earnings per share were $4.54 as opposed to $5.19 from the prior year. Half-year total revenue increased 6% from the prior period to $102.869 billion.
Microsoft's net income fell to $16.425 billion for the second quarter of the fiscal year, a 12.5% decrease from the same period the prior fiscal year. The diluted earnings per share for the second quarter of the prior fiscal year decreased from $2.48 to $2.2 per share. The adjusted profit was $2.32. Analysts had anticipated $2.3. In comparison to the projection of $53.12 billion, revenue increased by 2% annually to $52.747 billion.
In the second quarter, revenue at the Intelligent Cloud division grew 17.8% year over year to $21.508 billion. The Productivity and Business Processes section increased by 6.7% to $17.002 billion. The third quarter revenue estimate from Intelligent Cloud is $21.7 billion to $22 billion, which is less than the $22.14 billion anticipated.
source: bloomberg.com
Microsoft's net income fell to $16.425 billion for the second quarter of the fiscal year, a 12.5% decrease from the same period the prior fiscal year. The diluted earnings per share for the second quarter of the prior fiscal year decreased from $2.48 to $2.2 per share. The adjusted profit was $2.32. Analysts had anticipated $2.3. In comparison to the projection of $53.12 billion, revenue increased by 2% annually to $52.747 billion.
In the second quarter, revenue at the Intelligent Cloud division grew 17.8% year over year to $21.508 billion. The Productivity and Business Processes section increased by 6.7% to $17.002 billion. The third quarter revenue estimate from Intelligent Cloud is $21.7 billion to $22 billion, which is less than the $22.14 billion anticipated.
source: bloomberg.com
