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Raimond Spekking
The three quarters' combined revenue rose 6.4% year over year to $155.726 billion. For the period, diluted earnings per share decreased to $6.99 from $7.41 a year earlier.
In the third quarter of the fiscal year, the company's net income increased 9.4 percent year over year to $18.299 billion. In comparison to the projection of $51.12 billion, revenue increased 7.1% to $52.857 billion, and diluted earnings per share increased from $2.22 to $2.45 for the three months under consideration.
More than 40% of the company's total revenue comes from the Intelligent Cloud segment, and revenue there increased 16.3% year over year to $22.081 billion in the third quarter. The Productivity and Business Processes unit increased by 10.9% to $17.516 billion. The business anticipates sales from the Intelligent Cloud of $23.6 billion to $23.9 billion, and revenue from Productivity and Business Processes of $17.9 billion to $18.2 billion for the fourth quarter.
source: bloomberg.com
In the third quarter of the fiscal year, the company's net income increased 9.4 percent year over year to $18.299 billion. In comparison to the projection of $51.12 billion, revenue increased 7.1% to $52.857 billion, and diluted earnings per share increased from $2.22 to $2.45 for the three months under consideration.
More than 40% of the company's total revenue comes from the Intelligent Cloud segment, and revenue there increased 16.3% year over year to $22.081 billion in the third quarter. The Productivity and Business Processes unit increased by 10.9% to $17.516 billion. The business anticipates sales from the Intelligent Cloud of $23.6 billion to $23.9 billion, and revenue from Productivity and Business Processes of $17.9 billion to $18.2 billion for the fourth quarter.
source: bloomberg.com
