Microsoft has reported its earnings for its fourth fiscal quarter of 2015, for the time period ending on June 30. Overall, the company brought in a total of $22.2 billion in revenue. It also recorded an operating loss of $2.1 billion for the quarter.
The loss was due to Microsoft taking a $7.5 billion one-time charge to write down the acquisition of Nokia's Devices and Services division in 2014, along with two restructuring charges of $780 million and $160 million. Microsoft also announced plans earlier in July to lay off 7,800 of its employees by the end of June 2016, Microsoft said:
" Combined, these items totaled $8.4 billion or a $1.02 per share negative impact. Excluding this impact, operating income and EPS would have been $6.4 billion and $0.62, respectively."
Source: Microsoft
