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Microsoft to discuss new reporting standards in Conference Call

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Microsoft will webcast a conference call to discuss the new reporting standards on Thursday, August 3, 2017, on the Microsoft Investor Relations website at https://www.microsoft.com/en-us/Investor.

A live webcast of the conference call will be made available at 1:30 p.m. Pacific Time on the Microsoft Investor Relations website at https://www.microsoft.com/en-us/Investor.

Last week, the company reported its earnings for the fourth quarter of its 2017 fiscal year, which ended on June 30. The stock flattened out after the company offered guidance for the next quarter, however, before moving slightly higher again in premarket trading. The company beat analysts’ estimates on earnings per share and revenue.

For the full fiscal year, Microsoft made $25.9 billion in non-GAAP net income, or $21.2 billion in GAAP net income. Non-GAAP revenue for the full fiscal year was $96.7 billion.