MicrosoftAfter trading, the company released its financial results for the fourth quarter of fiscal year 2021.

According to the results, Microsoft's fourth-quarter revenue was $46.2 billion, up 21% from a year earlier, with market expectations of $44.26 billion; adjusted earnings per share of $2.17 and market expectations of $1.92; net profit rose 47% year-on-year to $16.458 billion, with market expectations of $14.44 billion.

Microsoft said revenue from the smart cloud business in the fourth quarter was $17.38 billion and the market expected $16.43 billion; revenue from the productivity business process division grew 9 per cent to $14.69 billion and the market expected $13.97 billion; and revenue from more personal computing divisions grew 9 per cent to $14.09 billion and the market expected $13.74 billion.

Microsoft said Windows licensing revenue from device makers fell 3 per cent in the quarter.

Microsoft shares fell more than 3% in after-hours trading after the results were announced. Microsoft shares have risen about 28% since the start of the year, while the s & p 500 is up nearly 17% over the same period.