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Wednesday, April 24, 2019

=Microsoft (MSFT) reported earnings on Wed 24 Apr 2019 (a/h)



Microsoft beats by $0.14, beats on revs
Reports Q3 (Mar) earnings of $1.14 per share, $0.14 better than the S&P Capital IQ Consensus of $1.00; revenues rose 14.0% year/year to $30.57 bln vs the $29.86 bln S&P Capital IQ Consensus.
  • Co says demand for its cloud offerings drove commercial cloud revenue to $9.6 bln, up 41% yr/yr.
  • Revenue in Intelligent Cloud was up 22% to $9.7 bln; Productivity and Business Processes revenue rose 14% to $10.2 bln; More Personal Computing rose 8% yr/yr to $10.7 bln.

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