14 DAY TRIAL // On Thursday, Redmond-based software giant Microsoft made official its financial results for the fourth quarter of its fiscal year 2012, as well as for the entire 12-month period ending June 30, 2012.
The company announced quarterly revenue of $18.06 billion for the three-month timeframe, along with operating income of $192 million and loss per share of $0.06.
These financial results also included the previously announced non-cash, non-tax-deductible income statement charge of $6.19 billion for the 2007 aQuantive, Inc. acquisition.
Moreover, it also reflected the deferral of $540 million of revenue related to the Windows Upgrade Offer, the company announced.
Non-GAAP fourth quarter revenue was $18.60 billion, Microsoft announced, operating income was $6.93 billion, while earnings per share went up to $0.73, marking growth of 7%, 12%, and 6%, respectively when compared to the same timeframe a year ago.
“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.”
For the entire fiscal year 2012, Microsoft announced revenues of $73.72 billion, along with operating income of $21.76 billion, and earnings per share of $2.00.
The non-GAAP fiscal year 2012 revenue was of $74.26 billion, the software giant announced. It also posted non-GAAP operating income of $28.50 billion, and earnings per share of $2.78 per share, marking an increase of 6%, 5%, and 5%, respectively on a yearly basis.
“The combination of solid revenue growth and rigorous cost discipline drove double-digit operating income growth for the quarter, adjusting for the goodwill impairment and deferred revenue,” said Peter Klein, chief financial officer of Microsoft.
“We are focusing our resources in strategic areas that will deliver shareholder value and long-term growth opportunities.”
Microsoft also unveiled that its Windows & Windows Live Division revenue went down 13 percent for the fourth quarter, while registering a decline of 3 percent for the full year. The Entertainment and Devices Division revenue, on the other hand, went up 20 percent for the quarter and 8 percent for the full year, mainly courtesy of Skype’s acquisition.