Microsoft Smashes Earnings, Stock Takes Off

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Steve Ballmer

Business Insider/Julie Bort

Microsoft CEO Steve Ballmer

Microsoft earnings are out!

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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...

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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:

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Microsoft table

Microsoft

And for clarity's sake... here's how Microsoft breaks down its sales:

MSFT table

Microsoft

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