By FDI Creative Services on 07/19/2016
Category: Security News

Microsoft adjusted revenue rises 2.1 percent

A Microsoft logo is seen a day after Microsoft Corp's $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S. June 14, 2016.

Reuters/Lucy Nicholson

Microsoft Corp (MSFT.O) reported a 2.1 percent rise in quarterly adjusted revenue as growth in its cloud business helped to offset weakness in the personal computer market.

The company's posted net income of $3.12 billion, or 39 cents per share, for the fourth quarter ended June 30, compared with a loss of $3.2 billion, or 40 cents per share, a year earlier.


Adjusted revenue rose to $22.6 billion from $22.18 billion.



(Reporting by Rishika Sadam and Narottam Medhora in Bengaluru; Editing by Saumyadeb Chakrabarty)

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