Get to know your offshore companies: MICROSOFT CORPORATION (NASDAQ: MSFT)

 

Microsoft recently released its financial results for the fourth quarter and fiscal year ended 30 June 2020.  Revenue was up by 13% to $38 billion for the fourth quarter and increased by 14% over the year to $143 billion. Operating income for 4Q2020 rose by 8% to $13.4 billion, and was up by 23% to $53 billion for FY2020. Microsoft reported net income of $11.2 billion (+15%) for 4Q2020 and $44.3 billion (+13%) for FY2020. The company reported basic earnings per share of $1.48 for the fourth quarter (4Q2019: $1.72) and $5.82 for the year (FY2019: $5.11).

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