Sonicwall Market Segment Skin 160x1200

Sonicwall Market Segment Skin 160x1200

iTWire TV 705x108notfunny

Wednesday, 27 July 2022 22:15

Microsoft releases FY22 Q4 results Featured

Microsoft releases FY22 Q4 results Image by mohamed Hassan from Pixabay

In its latest earnings report, all Microsoft business divisions were up, but the analysts expected more.

In their earnings announcement, Microsoft broke down their results as follows:

  • Revenue: $51.9 billion
  • Earnings per share: $2.23
  • Productivity and Business Processes: $14.4 billion
  • Intelligent Cloud: $20.9 billion
  • Personal Computing: $14.4 billion

All of these were an improvement over the equivalent quarter in the prior year.

In providing these results, the Microsoft announcement noted a few ‘headwinds’ that influenced the results but were generally outside of the company’s control.

  • Unfavourable foreign exchange rate movement within the quarter negatively impacted revenue and diluted earnings per share $(595) million and $(0.04), respectively. Additional details are provided in the Earnings Call Slides.
  • Extended production shutdowns in China that continued through May and a deteriorating PC market in June contributed to a negative impact on Windows OEM revenue of over $(300) million
  • Reductions in advertising spend contributed to a negative impact on LinkedIn as well as Search and news advertising revenue of over $(100) million
  • With the ongoing war in Ukraine, we made the decision to significantly scale down our operations in Russia. As a result, we recorded operating expenses of $126 million related to bad debt expense, asset impairments, and severance.
  • As part of a strategic realignment of our business groups, we recorded employee severance expenses of $113 million, excluding Russia

In addition, the company also announced the full year results for the 2021-22 fiscal year ended June 30th.

  • Revenue was $198.3 billion and increased 18%
  • Operating income was $83.4 billion and increased 19%
  • Net income was $72.7 billion GAAP and increased 19%, and $69.4 billion non-GAAP and increased 15%
  • Diluted earnings per share was $9.65 GAAP and increased 20%, and $9.21 non-GAAP and increased 16%

Unfortunately, these results were not as good as expected by various analysts and MSFT shares were down between 2% and 3% in after-hours trading. One wonders why investors pay more attention to the prognostications of analysts than the actual data provided by a company. But, here we are.

Full details are provided on the linked announcement.

Read 1262 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here


Thoughtworks presents XConf Australia, back in-person in three cities, bringing together people who care deeply about software and its impact on the world.

In its fifth year, XConf is our annual technology event created by technologists for technologists.

Participate in a robust agenda of talks as local thought leaders and Thoughtworks technologists share first-hand experiences and exchange new ways to empower teams, deliver quality software and drive innovation for responsible tech.

Explore how at Thoughtworks, we are making tech better, together.

Tickets are now available and all proceeds will be donated to Indigitek, a not-for-profit organisation that aims to create technology employment pathways for First Nations Peoples.

Click the button below to register and get your ticket for the Melbourne, Sydney or Brisbane event



It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site and prominent Newsletter promotion and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.


David Heath

David Heath has had a long and varied career in the IT industry having worked as a Pre-sales Network Engineer (remember Novell NetWare?), General Manager of IT&T for the TV Shopping Network, as a Technical manager in the Biometrics industry, and as a Technical Trainer and Instructional Designer in the industrial control sector. In all aspects, security has been a driving focus. Throughout his career, David has sought to inform and educate people and has done that through his writings and in more formal educational environments.

Share News tips for the iTWire Journalists? Your tip will be anonymous




Guest Opinion

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News