In the early hours of this morning, Microsoft announced its fourth-quarter financial report. The financial report showed that Microsoft's revenue was 46.2 billion U.S. dollars, a year-on-year increase of 21%.
Microsoft's adjusted earnings per share and revenue in the fourth fiscal quarter exceeded Wall Street analysts' expectations, but its stock price still fell by more than 2% after the market.
Main results of the fourth fiscal quarter:
In the fiscal quarter ended June 30, Microsoft's net profit was 16.458 billion U.S. dollars and diluted earnings per share was 2.17 U.S. dollars. This performance was better than the same period last year and exceeded analysts' previous expectations. In contrast, Microsoft's net profit in the fourth quarter of fiscal 2020 was 11.202 billion U.S. dollars, and its diluted earnings per share was 1.46 U.S. dollars. Microsoft's fourth-quarter net profit increased by 47% compared with the same period last year, excluding the impact of exchange rate changes, a year-on-year increase of 40%; diluted earnings per share increased by 49% compared with the same period last year, excluding the impact of exchange rate changes This was an increase of 42% year-on-year. According to data provided by the Yahoo Finance Channel, 28 analysts had expected Microsoft's fourth-quarter earnings per share to reach $1.90.
Microsoft's fourth-quarter revenue was US$46.152 billion, an increase of 21% compared to US$38.033 billion in the same period last year. Excluding the impact of exchange rate changes, it was a year-on-year increase of 17%. This performance also exceeded analyst expectations. According to data provided by the Yahoo Finance Channel, 24 analysts had expected Microsoft's fourth-quarter revenue to reach US$44.1 billion.
Microsoft's fourth-quarter operating profit was US$19.09 billion, an increase of 42% compared to US$13.407 billion in the same period last year. Excluding the impact of exchange rate changes, it was a year-on-year increase of 35%.
Performance of each department in the fourth fiscal quarter:
Microsoft's fourth-quarter revenue from product business was 18.938 billion U.S. dollars, compared with 18.147 billion U.S. dollars in the same period last year; revenue from services and other businesses was 27.214 billion U.S. dollars, compared with 198.86 in the same period last year. One hundred million U.S. dollars.
In the fourth quarter of fiscal 2021, the revenue of Microsoft's productivity and business process department was 14.691 billion U.S. dollars, compared with 11.752 billion U.S. dollars in the same period last year, a year-on-year increase of 25%. Excluding the impact of exchange rate changes, it was a year-on-year increase of 21 %; Operating profit was US$6.435 billion, compared with US$3.972 billion in the same period last year. The revenue of Microsoft's smart cloud division in the fourth fiscal quarter was US$17.375 billion, compared with US$13.371 billion in the same period last year, a year-on-year increase of 30%. Excluding the impact of exchange rate changes, it was a year-on-year increase of 26%; operating profit was 77.87. Billion US dollars, compared with 5.344 billion US dollars in the same period last year. Microsoft’s fourth-quarter revenue for more personal computing businesses was US$14.086 billion, compared with US$12.910 billion in the same period last year, a year-on-year increase of 9%. Excluding the impact of exchange rate changes, it’s a year-on-year increase of 6%; operating profit It was 4.873 billion U.S. dollars, compared with 4.091 billion U.S. dollars in the same period last year.
Other financial information for the fourth fiscal quarter:
Microsoft's total revenue cost for the fourth fiscal quarter was $13.99 billion, compared with $12.339 billion in the same period last year. Among them, the cost of product revenue was US$4.287 billion, compared with US$4.370 billion in the same period last year; the cost of service and other revenue was US$9.704 billion, compared with US$7.969 billion in the same period last year. Microsoft's fourth-quarter gross profit was US$32.161 billion, compared with US$25.694 billion in the same period last year.
Microsoft's fourth-quarter R&D expenditure was US$5.687 billion, compared with US$5.214 billion in the same period last year; sales and marketing expenditures were US$5.857 billion, compared with US$5.417 billion in the same period last year; general and administrative expenses were 1.522 billion US dollars. US dollars, compared to 1.656 billion US dollars in the same period last year.
In the fourth fiscal quarter, Microsoft returned $10.4 billion in cash to shareholders by repurchasing stocks and paying dividends, an increase of 16% compared to the same period last year.
2021 fiscal year full-year results:
Throughout the 2021 fiscal year, Microsoft’s revenue was US$168.88 billion, an increase of 18% compared to US$143.015 billion in the 2020 fiscal year, exceeding analyst expectations. Excluding certain one-off items (not in accordance with US GAAP), Microsoft's 2021 fiscal year revenue will also be US$143.0.15 billion, an increase of 18% compared to US$143.0.15 billion in fiscal year 2020, excluding the impact of exchange rate changes. This is an increase of 15% year-on-year. According to data provided by the Yahoo Finance Channel, 34 analysts previously expected Microsoft's 2021 fiscal year revenue to reach 166.18 billion U.S. dollars.
Microsoft’s 2021 fiscal year’s operating profit was US$69.916 billion, an increase of 32% compared to the 2020 fiscal year’s US$52.959 billion; excluding certain one-time items (not in accordance with US GAAP), Microsoft’s fiscal 2021 operating profit is the same It was US$69.916 billion, an increase of 32% compared to US$52.959 billion in the 2020 fiscal year. Excluding the impact of exchange rate changes, it was a year-on-year increase of 28%.
Microsoft’s 2021 fiscal year’s net profit was US$61.271 billion, an increase of 38% compared to the US$44.281 billion in fiscal year 2020; excluding certain one-time items (not in accordance with US GAAP), Microsoft’s adjusted net profit for fiscal 2021 Profit was 60.651 billion U.S. dollars, an increase of 37% compared with the 2020 fiscal year. Excluding the impact of exchange rate changes, it was an increase of 33% year-on-year. Microsoft’s 2021 fiscal year’s diluted earnings per share was US$8.05, an increase of 40% compared to US$5.76 in fiscal 2020; certain one-time items (not in accordance with US GAAP) are excluded, and Microsoft’s 2021 fiscal year’s adjusted earnings per share Diluted stock income was US$7.97, an increase of 38% compared to the 2020 fiscal year. Excluding the impact of exchange rate changes, it increased by 34% year-on-year, exceeding analyst expectations. According to data provided by the Yahoo Finance Channel, 31 analysts had previously expected that Microsoft’s adjusted diluted earnings per share for the 2021 fiscal year would reach $7.77.
Performance Outlook:
Microsoft said it will provide performance outlook data in the subsequent earnings conference call.
Executive remarks:
Microsoft CEO Satya Nadella (Satya Nadella) said: "We are innovating in all technology fields to help organizations raise the technology intensity of their business to a new level. Our performance shows that when we are in When executed well and meet customer needs in a differentiated manner in a large and growing market, it can bring growth, as we have seen in the commercial cloud business and the new franchise business we have established , Including games, security, LinkedIn, etc. In the past three years, the annual revenue of all these businesses has exceeded 10 billion U.S. dollars."
Microsoft Executive Vice President and CFO Amy Hood (Amy Hood) said: "With the end of this fiscal year, our sales team and partners have achieved strong quarterly results, with revenue and profit growth exceeding 20%. , The highlight is a 30% year-on-year increase in commercial drug bookings. Our commercial cloud business revenue increased by 36% year-on-year to US$19.5 billion."
Disclaimer: This article comes from the media and does not represent the views and positions of Tech News
Post a Comment