News

Microsoft to Release Q4 Earnings

Microsoft is scheduled to discuss its earnings this evening for the fourth quarter of the 2002 fiscal year and for the entire year, which ended June 30.

The consensus of 24 financial analysts is for quarterly earnings per share of $0.417 and yearly earnings per share of $1.826, according to the Nasdaq Web site.

Microsoft shares were trading at $52.60 at mid-day, up a few points from the Wednesday close of $52, although the shares had also dipped below $52 in morning trading.

Microsoft's earnings statements come after IBM earnings statements that disclosed some weakness at Big Blue, and announcements of earnings-related layoffs at Siemens and Intel.

Check this URL later for more detail on Microsoft's earnings.

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • Nebula

    Ahead of AGI, Microsoft and OpenAI Redefine Their Partnership

    In a recapitalization announced Tuesday, OpenAI has launched a new public benefit corporation (PBC) called OpenAI Group, giving Microsoft a 27 percent ownership stake valued at approximately $135 billion.

  • Veeam Acquires Securiti AI To Unify Data Resilience and AI Security

    Veeam Software is making a strategic move into AI and data security by acquiring Securiti AI for $1.7 billion.

  • Microsoft Adds 'Mico' Virtual Assistant to Copilot in Major Fall Update

    In a significant feature update, Microsoft on Thursday said it is reshaping its Copilot AI platform with features that deepen user personalization and enable real-time group collaboration, among other perks.

  • Nutanix Partner Central Rolls Out To Boost Channel Engagement

    Nutanix on Wednesday launched a new platform, Partner Central, to give its channel partners a unified digital workspace for managing sales, tracking incentives and collaborating more effectively.

Most   Popular