http://www.microsoft.com/msft/earnings/FY05/earn_rel_q2_05.mspx
Microsoft Corp. today announced record revenue of $10.82 billion for the quarter ended December 31, 2004, a 7% increase over the results in the same period of the prior year. Operating income for the second quarter was $4.75 billion, which was an increase of $3.27 billion over the same period in the prior year. The results of the second quarter of the prior year included $2.21 billion in compensation expense incurred in connection with the Employee Stock Option Transfer Program. Net income for the second quarter was $3.46 billion. Diluted earnings per share exceeded the companys guidance by $0.04 and were $0.32 including stock-based compensation expense.
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Management offers the following guidance for the quarter ending March 31, 2005:
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Revenue is expected to be in the range of $9.7 billion and $9.8 billion.
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Operating income is expected to be in the range of $4.1 billion and $4.2 billion, including stock-based compensation expense.
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Diluted earnings per share are expected to be $0.27 or $0.28, including stock-based compensation expense.
Management offers the following guidance for the full fiscal year ending June 30, 2005:
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Revenue is expected to be in the range of $39.8 billion and $40.0 billion.
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Operating income is expected to be in the range of $16.5 billion and $16.7 billion, including stock-based compensation expense.