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

Microsoft recently released its financial results for the first quarter of its 2022 financial year. The company’s revenue rose by 22% to $45.3 billion (1Q2021: $37.2 billion), beating analysts’ estimates of $43.94 billion. Operating income improved by 27% to $20.2 billion (1Q2021: $15.9 billion), and net income was up 47% to $20.5 billion (1Q2021: $13.9 billion). Microsoft’s diluted earnings per share grew by 49% to $2.71 (1Q2021: $1.82). The company’s gross margin increased by 21% and 19% in constant currency. The gross margin percentage was 70%, down slightly year-over-year.

Microsoft returned $10.9 billion to shareholders in the form of share repurchases and dividends in the first quarter of the fiscal year 2022, an increase of 14% compared to the previous year. The company is trading at a dividend yield of 0.73% and a forward P/E of above 30.

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