Microsoft Cloud Strength Drives Fourth Quarter Results

Microsoft Corp. today announced the following results for the quarter ended June 30, 2020, as compared to the corresponding period of last fiscal year:

• Revenue was $38.0 billion and increased 13%
• Operating income was $13.4 billion and increased 8%
• Net income was $11.2 billion and decreased 15% GAAP (up 5% non-GAAP)
• Diluted earnings per share was $1.46 and decreased 15% GAAP (up 7% non-GAAP)