Microsoft revenue tops $23B, restructuring charges hit bottom line - GeekWire

publish 2022-05-02,browse 2
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Microsoft posted record revenue of $23.2 billion for the September quarter, up 25 percent, with profits of $4.5 billion, including a restructuring charge of $1.1 billion related to the company’s layoffs and its integrations of Nokia’s smartphone business.The revenue figure exceeded, by more than $1 billion, the expectations of Wall Street analysts polled in advance by Thomson Reuters. The company’s earnings per share of 54 cents also came in ahead of expectations.

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