Microsoft Smashes Earnings, Stock Takes Off
Advertisement
Business Insider/Julie Bort
Advertisement
It's a beat on the top and bottom line:
- Revenue is $24.52 billion versus analyst estimates of $23.68 billion.
- EPS is $0.78 versus analyst estimates of $0.68.
The stock is up ~3% in after-hours trading...
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Some highlights from the release:
- Surface revenue is $893 million, up from $400 million the quarter before.
- Windows OEM revenue was down 3%.
- It says Bing search share is 18.2%.
- Office 365 seats "grew triple digits".
Here's a breakdown of the company's earnings:
Advertisement
Microsoft
And for clarity's sake... here's how Microsoft breaks down its sales:
Microsoft
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Vodafone Idea FPO allotment – How to check allotment, GMP and more
- Reliance, JSW Neo Energy and 5 others bid for govt incentives to set up battery manufacturing units
- Rupee rises 3 paise to close at 83.33 against US dollar
- Supreme Court expands Patanjali misleading ads hearing to include FMCG companies
- Reliance Industries wins govt nod for additional investment to raise KG-D6 gas output
- Best smartphones under ₹25,000 in India