- Revenue is $20.04 billion, which is flat y/y, which is exactly in line with expectations
- GAAP EPS is $0.68, down 6% y/y, which is a beat of expectations of $0.63.
The stock is up 2% in reaction to the news.
In the release, Microsoft says its devices and consumer business was up 12% to $8.30 billion.
Its revenue from Windows OEMs was up 4%, led by a 19% growth in Windows OEM Pro revenue. Its commercial group was up 7% to $12.23 billion.
It also said, "Office 365 revenue grew over 100%, and commercial seats nearly doubled, demonstrating strong enterprise momentum for Microsoft’s cloud productivity solutions."
Microsoft also said that Surface sales were $500 million for the quarter. That's up 50% on a year-over-year basis, but down significantly from the holiday quarter which was $893 million.
"This quarter’s results demonstrate the strength of our business, as well as the opportunities we see in a mobile-first, cloud-first world," said CEO Satya Nadella in the earnings release. "We are making good progress in our consumer services like Bing and Office 365 Home, and our commercial customers continue to embrace our cloud solutions. Both position us well for long-term growth."
Here's a table of each group at Microsoft:
See Also:
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- How Microsoft Created A Virtual Assistant That Could Blow Siri Away
