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Microsoft profit leaps almost 50% in Q4 buoyed by commercial cloud

2019-07-19 09:01:00| Telecompaper Headlines

(Telecompaper) CEO Satya Nadella said it was a record fiscal year for the company and that in the quarter, the company returned USD 7.7 billion to shareholders in the form of buybacks and dividends. For the full year, revenues advanced 14 percent to USD 125.8 billion, the operating income went 23 percent higher to USD 43.0 billion and the net profit jumped 137 percent to USD 39.2 billion or USD 5.06 per diluted share. 

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