Commercial revenue climbs as Microsoft sees lower fourth quarter earnings
Microsoft reported its fiscal fourth quarter earnings this afternoon, missing analyst estimates. Revenue of $23.38 billion was an increase of 18 percent from the same quarter in 2013.
The analyst consensus of earnings sat at $0.60 per share. The newly completed acquisition of Nokia accounted for a $.08 per share earnings decrease. Gross margin, operating income, and diluted earnings per share ("EPS") for the quarter were $15.79 billion, $6.48 billion, and $0.55 per share, respectively.