As a long-time gamer and Microsoft shareholder, I can’t help but feel a mix of emotions upon reading this latest earnings report. On one hand, it’s impressive to see such a massive company like Microsoft delivering billions back to its shareholders. However, as a fan of gaming, the closure of quality studios like Arkane Austin and Tango Gameworks leaves me a bit disheartened.
As someone who has closely followed Microsoft’s financial performance over the years, I must admit that this week’s Q4 2024 earnings release was nothing short of impressive. In my view, Microsoft is a company that consistently sets the bar high, and it did so once again with its latest results. The sheer scale of its operations and the impact it has on global technology markets is truly awe-inspiring.
In its Q4 2024 financial report published on its investor relations site, Microsoft disclosed figures for both revenue and earnings per share (EPS) – while the former was impressive, the latter fell short of expectations. However, they didn’t stop there; they also revealed information regarding stock buybacks and dividends, which are designed to return capital to their shareholders.
As a long-time follower and observer of the video game industry, it is always fascinating to me to delve into the financial decisions made by companies like Microsoft. Having watched the rise and fall of numerous studios over the years, I find myself intrigued by Microsoft’s recent move to shutter Arkane Austin and Tango Gameworks.
It’s likely that shareholders were pleased to receive the funds, regardless of whether it was advantageous or disadvantageous, and the company remains one of the largest global entities. Perhaps some of the additional revenue will be allocated to Microsoft studios following another Game Pass price increase. Keep an eye out for more financial results updates as they become available, here at Shacknews.
Read More
Sorry. No data so far.
2024-07-31 01:28