Microsoft Cuts Its Earnings, Income Forecasts

Microsoft minimize gross sales and earnings steering for the present quarter, citing the affect of international change charges because the stronger U.S. greenback takes a toll.

The software program big mentioned in a securities submitting Thursday that it now expects fiscal fourth-quarter gross sales of between $51.94 billion and $52.74 billion, down from its prior steering of $52.four billion to $53.2 billion. The quarter ends June 30.

Sheryl Sandberg Stepping Down as COO of Fb Father or mother Meta

Copyright ©2022 Dow Jones & Firm, Inc. All Rights Reserved

This copy is on your private, non-commercial use solely. Distribution and use of this materials are ruled by
our Subscriber Settlement and by copyright regulation. For non-personal use or to order a number of copies, please contact
Dow Jones Reprints at 1-800-843-0008 or go to