Here are five things to know.
1. Microsoft reported $89.95 billion in total revenue for 2017, a 5 percent increase from fiscal year 2016.
2. The company’s net income was $21.2 billion, up 26 percent from last year.
3. Microsoft posted an operating income increase of 11 percent, from $20.18 billion in 2016 to $22.33 billion in 2017.
4. Microsoft reported the company’s diluted earnings per share was $2.71, compared to $2.10 one year prior.
5. Microsoft’s intelligent cloud revenue increased $723 million. This category was driven by revenue for Azure, the company’s cloud platform, which increased 97 percent year over year
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