Microsoft wrapped its first fiscal quarter of 2017 with a split take on earnings.Incomes as measured by general accepted account principles have gone down year-over-year, but has improved using Microsoft’s non-GAAP figures.In GAAP terms, net revenue went up 0.4 percent to $20.45 billion, operating income went down 10 percent to $5.23 billion and net income sunk 4.4 percent to $4.69 billion. Its non-GAAP revenue went up 3.1 percent to $22.33 billion, operating income was up by 0.5 percent to ...
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from Pocketnow http://pocketnow.com/2016/10/20/microsoft-1q17-earnings
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