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Diluted earnings for the period were $3.01 on a per-share basis, up from $2.73 for the same period prior fiscal year. Revenue for the time period rose 2.9 percent to $48.182 billion for the corporation.
In the final quarter of the current fiscal year, the company's net income increased 1% to $1.119 billion. Diluted earnings were $1.08 per share, up from $0.92 in the prior year.
The adjusted earnings of $1.04 were in line with analyst expectations. The business's quarterly revenue dropped 4.1% to $14.664 billion. At the same time, analysts expected $15.69 billion in revenue.
source: bloomberg.com
In the final quarter of the current fiscal year, the company's net income increased 1% to $1.119 billion. Diluted earnings were $1.08 per share, up from $0.92 in the prior year.
The adjusted earnings of $1.04 were in line with analyst expectations. The business's quarterly revenue dropped 4.1% to $14.664 billion. At the same time, analysts expected $15.69 billion in revenue.
source: bloomberg.com