- July 28, 2021
- Posted by: Stratford Team
- Category: Business
IronNet Cybersecurity Senior Vice President Jamil Jaffer on U.S. and U.K. allies blaming China for Microsoft, arguing the U.S. ‘needs to get tougher’ on China and Russia.
Microsoft reported earnings per share of $2.17 in its fourth-quarter results for the fiscal year on Tuesday, a whopping 49% increase that breezed past analysts’ expectations. The tech giant also beat expected revenue, raking in $46.2 billion, an increase of 21% over the same quarter last year.
An average of analysts polled by Bloomberg had estimated revenue of $44.3 billion, while Wall Street expected earnings of $1.92 per share. Microsoft’s stock slipped in late trading following the news.
Ticker Security Last Change Change %MSFT MICROSOFT CORP. 286.54 -2.51 -0.87%
“We are innovating across the technology stack to help organizations drive new levels of tech intensity across their business,” Chairman and CEO Satya Nadella said in a statement announcing the results. “Our results…
