Microsoft reported $ 36.9 billion in revenue for the fourth quarter of 2019.



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Microsoft reported $ 36.9 billion in revenue for the fourth quarter of 2019

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Microsoft officially unveiled its financial results for the last quarter of last year. Data show that the company generated $ 36.9 billion in revenue between October and December 2019.

In turn, these figures represent a 14% increase over the same period in the previous fiscal year. In this way, Microsoft increased its operating profit by 35% to $ 13.9 billion.

Investors in the tech giant can boast a dividend of $ 1.51 per share it owns, mspoweruser reports. This figure represents a 40% increase and will certainly appeal to people who own Microsoft shares.

We should also add that the quarterly net profit reached $ 11.6 billion. The company’s good performance in the past has been largely due to the positive performance of the Azure and Office 365 cloud platform.

Microsoft chief financial officer Amy Hood added that revenue from the Commercial Cloud division reached $ 12.5 billion, up 39% from 2018. The PC division reported $ 13.2 billion, an increase of 2%.

The company also said it returned $ 8.5 billion to its investors in the quarter. Microsoft is confident that good performance will continue in 2020.

Microsoft reported $ 36.9 billion in revenue for the fourth quarter of 2019



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