Microsoft to release quarterly earnings next week

Microsoft has announced that they will publish fiscal year 2017 fourth-quarter financial results after the close of the market next week on Thursday, July 20, 2017.

Microsoft is expecting continued annuity growth and healthy renewals as customers adopt their growing portfolio of commercial cloud services. Microsoft is expecting unearned revenue of $27 billion approximately and operating expenses of $9.1 to $9.2 billion, with roughly $1 billion from LinkedIn, of which $150 million is related to amortization.

As usual, there will be a live webcast of the earnings conference call at 2:30 p.m. PT on July 20.

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