Microsoft CFO sees 13-15 pct rev growth in FY'07
3808
Microsoft Corp. Chief Financial Officer Chris Liddell on Wednesday said the world's largest software company still expected revenue to grow 13 percent to 15 percent for the current fiscal year.
279229
Chemicals maker DuPont Co.  said on Wednesday it expects its 2007 earnings per share to be about $3.15, in line with its prior forecasts for 10 percent annual increases.
208441
Microsoft beat Wall Street expectations for both revenue and EPS (earnings per share) for its fiscal 2008 second quarter, attributing its strong quarter to sales of core client products, such as Windows Vista and Office 2007, as well as Exchange and SharePoint server software.For the quarter ended Dec. 31, Microsoft reported revenue of $16.37 billion, an increase of 30 percent year over year and a number that solidly beat the $15.95 billion in revenue that Thomson Financial analysts had estimated. Last year for the same period, Microsoft reported $12.54 billion in revenue.Diluted earnings per share were $0.50, an increase of 92 percent over the $0.27 in EPS reported last year, and $0.04 higher than Thomson Financial estimates of $0.46. Operating income for the quarter was $6.48 billion, an increase of 92 percent from the $3.47 billion reported for the same period last year.Microsoft&#39;s year-over-year percentage growth is higher than normal due to a deferral of $1.64 billion in revenue and operating income, as well as $0.11 of diluted earnings per share from the second to the third quarter of fiscal 2007. This deferred revenue contributed to the higher-than-average second-quarter percentage growth. Without these deferrals, second-quarter growth rates for revenue, operating income and earnings per share would be 15 percent, 27 percent and 32 percent, respectively, for the quarter reported Thursday.Ahead of Microsoft&#39;s announcement, analysts had expected the company to report a strong quarter even among economic uncertainty and fears that the U.S. economy is entering a recession.Microsoft&#39;s client business, on sales of Windows Vista, was especially strong in the quarter, with $4.34 billion in revenue compared to $2.59 billion in revenue a year ago. According to Microsoft, its client business has grown 20 percent on average since Windows Vista was made available nearly a year ago, and the company believes Vista began hitting its stride for adoption among customers and partners in the second quarter. According to Microsoft, it has sold more than 100 million licenses for Vista.Looking ahead to the next quarter, which ends March 31, Microsoft said Thursday that it expects revenue in the range of $14.3 billion to $14.6 billion; operating income in the range of $5.6 billion to $5.7 billion; and diluted earnings per share in the range of $0.43 to $0.45.For the full fiscal year ending June 30, Microsoft expects revenue in the range of $59.9 billion to $60.5 billion; operating income in the range of $24.2 billion to $24.4 billion; and diluted EPS in the range of $1.85 to $1.88.
431701
Microsoft Corp. said its fiscal first-quarter earnings rose 11 percent, beating analysts' expectations, as the company benefited from stronger-than-expected computer and server shipments.
554196
Microsoft CEO Steve Ballmer and Chairman Bill Gates each took home just over $900,000 in pay last year, a slight increase from last year, according to documents filed Monday with the Securities and Exchange Commission.
767162
Microsoft Corp. reported healthy earnings and revenue growth for its fiscal first quarter, but investors instead focused on concerns about prospects for long-term corporate contracts and the long wait for a new version of the company's dominant Windows operating system.
515100
Microsoft Corp. MSFT.O, the world's   biggest software maker, on Wednesday said its board declared a   quarterly dividend of 10 cents per share, an increase of 1 cent   over the previous quarter.
249258
Walt Disney Co. sees improved  margins at its theme parks and better profitability at its film  division in fiscal 2007, its chief financial officer said on  Tuesday.
111757
Microsoft Corp. said its fiscal first-quarter earnings rose 11 percent, beating analysts' expectations, as the software company benefited from stronger-than-expected computer and server shipments.
530976
Microsoft beat Wall Street expectations for both revenue and EPS (earnings per share) for its fiscal 2008 second quarter, attributing its strong quarter to sales of core client products, such as Windows Vista and Office 2007, as well as Exchange and SharePoint server software.
425573
Microsoft Corp. plans to concentrate on acquisitions valued at between $50 million and $1 billion over the next five years, CEO Steve Ballmer said Thursday at the Web 2.0 Summit.
323746
Wall Street's annual bonuses may rise  10 percent to 15 percent this year, half as much as a year ago,  as revenue growth falls short of earlier expectations, a  leading industry consultant said.
327932
YESTERDAY Close $31.51 Change +$0.59 52-WEEK High $31.84 Low $22.72 Microsoft Corp.'s fiscal fourth-quarter profit edged up 7 percent despite a hefty charge to cover the cost of defective Xbox 360 video game consoles.
124131
SEATTLE - For Microsoft Corp. shareholders, the holidays will likely come early this year in the form of a one-time $3 dividend thatâs part of the companyâs plan to return some of its $64.
339569
The software giant's CFO says a target as big as SAP is less likely, but some big buys could be in Microsoft's future.
325654
A strategic update on the software giant's business is due Thursday, but analysts aren't expecting a repeat ofv surprises dished up last year.
664463
Microsoft Corp  lifted its  full-year forecasts and posted 23 percent quarterly profit  growth on Thursday, topping analysts' estimates on strong sales  of "Halo 3" and Vista, and sending its shares up 11 percent.