Microsoft (NASDAQ:MSFT) announced its results for the fourth quarter on July 19, 2012.
Earnings and Revenue The company's revenues met Wall Street's expectations, though the company's EPS fell short of predictions. The company reported a loss of 6 cents a share versus the 63 cents a share estimate and revenues of $18.06 billion versus the $18.11 billion estimate. The company's reported EPS came in below the low estimate of 22 analysts of a profit of 58 cents.
The company's net loss for the quarter was $492 million. Revenue climbed 4% from $17.37 billion in the same period last year.
Company Fundamental Trends The company's loss in the latest quarter comes after The company reported profits in the three prior quarters. The company's revenue has grown during at least each of the past four quarters on a year-over-year basis.
History Against Expectations The company missed forecasts after topping estimates in the previous two quarters. In the third quarter, it topped the mark by 3 cents, and in the second quarter, it was ahead by 2 cents.
Official Comment: "We delivered record fourth quarter and annual revenue, and we're fast approaching the most exciting launch season in Microsoft history," said Steve Ballmer, chief executive officer of Microsoft. "Over the coming year, we'll release the next versions of Windows, Office, Windows Server, Windows Phone, and many other products and services that will drive our business forward and provide unprecedented opportunity to our customers and partners."
Estimates provided by Zacks Investment Research and company fundamentals from Xignite Financials.