Microsoft Announces FY 2012 Q4 Earnings Report, First-Ever Quarterly Loss

By Rachel Ramsey July 19, 2012

Microsoft has had an exciting couple of weeks, especially with its latest buzzworthy announcement of the Surface tablet. The company announced its Q4 earnings for fiscal year 2012 today, reporting news not as exciting, depending how you look at it. It posted just $192M in operating income before taxes and its first ever loss ($492M) due to the writedown the company took because of its failed aQuantive acquisition. It did, however, report a record fourth quarter revenue of $18.06 billion.

The writedown explains the $492 million loss, which was a $0.06 loss per share, in spite of the record revenue. Revenue this quarter was $18.1 billion, up four percent year over year, driven primarily by business demand for Microsoft’s desktop and infrastructure offerings.

 For Microsoft’s fiscal year 2012, the company’s revenue, operating income, and earnings per share were $73.72 billion, $21.76 billion and $2.00 per share. Adjusting for the goodwill impairment charge and deferred revenue, non-GAAP fiscal year 2012 revenue, operating income and earnings per share were $74.26 billion, $28.50 billion and $2.78 per share, which represented increases of six percent, five percent and five percent, respectively, over adjusted non-GAAP fiscal year 2011 figures.

Excluding the impact of those two items, revenue would have been $18.59 billion and earnings per share would have been $0.73. The consensus from the polled analysts was for $0.62 earnings per share in the fourth quarter.

“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 in a canned statement. “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.”

Here are the numbers for all of Microsoft’s divisions:

  • Windows and Windows Live: $4.15 billion revenue, one percent decrease because of Windows Upgrade Offer deferral (see below)
  • Business Division: $6.29 billion revenue, up seven percent
  • Server & Tools: $5.09 billion revenue, 13 percent increase
  • Online Services: $0.74 billion revenue, eight percent  increase
  • Entertainment and Devices: $1.79 billion revenue, 20 percent increase

More details on the report can be found here.




Edited by Rachel Ramsey

TechZone360 Web Editor

SHARE THIS ARTICLE
Related Articles

How Valuable is Your Personal Data?

By: Special Guest    9/25/2017

Pressure has been growing in the past few weeks for politicians and regulators to clamp down on the monopoly power of Big Tech. Indeed, scrutiny is gr…

Read More

How valuable is your personal data?

By: Special Guest    9/22/2017

Are you unknowingly working for someone else and is Big Tech making vast gains at our expense?

Read More

Designing Insightful Dashboards for Decision Making

By: Special Guest    9/21/2017

As businesses continue to accumulate data that has the potential to improve operations and increase revenue, dashboard design is becoming a key compon…

Read More

Artificial Intelligence: The Human to Bot Handoff

By: Special Guest    9/21/2017

Artificial intelligence (AI) is one of the most talked about and debated topics of conversation happening today. It is touching every industry.

Read More

Dark Data - Do You Have a Plan?

By: Special Guest    9/19/2017

Practically every organization has vast amounts of "dark data" in the form of weblogs, machine logs, and logs from sensors on everything from oil rigs…

Read More