ET First Published: Jan. 26, 2021 at 4:14 p.m. Microsoft met analysts' quarterly sales expectations and beat profit estimates, but its shares fell slightly due to some scepticism about one-off benefits included in the results and high hopes after a year-long rally. Microsoft yesterday announced that it will publish 2020 first-quarter financial results on Oct. 23rd. As always, results will be available after the close of the market. Net income for the third quarter ended March 31 jumped 44% from a year ago to $15.5 billion. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. The Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, contributed $13.55 billion in revenue, up 15% and more than the $13.49 billion FactSet consensus. At the same time, the gross margin for Microsoft's broad Commercial Cloud category of products — including Azure, commercial subscriptions to the Office 365 productivity bundle, cloud-based Dynamics 365 enterprise applications and commercial parts of LinkedIn — narrowed to 70% from 71%. We want to hear from you. Microsoft shares moved 3% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. Microsoft met analysts' quarterly sales expectations and beat profit estimates, but its shares fell slightly due to some scepticism about one-off benefits included in the results … Microsoft MSFT is slated to report third-quarter fiscal 2020 results on Apr 29. The PC market endured "significant ongoing constraints in the supply chain," Hood said on Tuesday. Got a confidential news tip? Microsoft included a new risk factor about government work in its latest quarterly earnings statement. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Microsoft’s Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, came in with $11.05 billion in quarterly revenue, … REDMOND, Wash. — April 29, 2020 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2020, as compared to the corresponding period of last fiscal year: Revenue was $35.0 billion and increased 15% Operating income was $13.0 billion and increased 25% Net income was $10.8 billion and increased 22% We undertake no duty to update the information. During last earnings call, Microsoft mentioned that they expect another strong commercial quarter. Microsoft's personal computing unit, which contains its Windows operating system and Xbox gaming console, had $13 billion in sales, compared with analysts' expectations of $12.57 billion, according to Refinitiv data. REDMOND, Wash. — October 27, 2020 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2020, as compared to the corresponding period of last fiscal year: Revenue was $37.2 billion and increased 12%; Operating income was $15.9 billion and increased 25%; Net income was $13.9 billion and increased 30% Net income was $15.5 billion and increased 33%. Data is a real-time snapshot *Data is delayed at least 15 minutes. The company's More Personal Computing unit, which includes Windows, gaming, devices and search, came up with $13.04 billion in revenue. The operating margin for the Intelligent Cloud segment that includes Azure also narrowed to 42.5% from about 44.5%. That's the biggest quarterly increase the company has posted since 2018, thanks in part to gains in PC sales resulting from coronavirus-driven shortages last year. Sales for Dynamics 365 customer management, which competes directly with Salesforce.com, rose 45% and the business version of Office 365 added 15% more users. Microsoft Corporation's (MSFT) CEO Satya Nadella on Q2 2021 Results - Earnings Call Transcript Jan. 26, 2021 10:56 PM ET Microsoft Corporation (MSFT) 4 Comments 4 Likes SA Transcripts © RTÉ 2021. Microsoft's quarterly free cash flow rose to $13.9 billion (up 16% y/y). The company also issued patches to address vulnerabilities in its Exchange Server on-premises email and calendar software that Chinese hackers exploited. Microsoft's overall operating margin came in at 40.9%, down from 41.6%. This free cash flow growth enabled the company to increase its shareholder … Sales of Windows to PC makers were up 10%, compared to a 1% rise the quarter earlier. Microsoft said in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. Microsoft has continued to double down on cloud-base software and said earlier this month it would buy artificial intelligence software firm Nuance Communications for $16 billion, excluding net debt, to bolster its healthcare business. That benefits Microsoft's sales of Windows licenses to PC makers, which were up 10%. Sales for what Microsoft calls its "commercial cloud" - which contains server infrastructure such as Azure along with cloud-based versions of its Office software - was up 33% at $17.7 billion. That was up 23% year over year and above the FactSet consensus estimate of $14.92 billion. REDMOND, Wash. — January 26, 2021 — Microsoft Corp. today announced the following results for the quarter ended December 31, 2020, as compared to the corresponding period of last fiscal year: Revenue was $43.1 billion and increased 17%. It is worth close to $2 trillion after a 50% stock runup over the past year. Sign up for free newsletters and get more CNBC delivered to your inbox. Meáin Náisiúnta Seirbhíse Poiblí na hÉireann. RTÉ is not responsible for the content of external internet sites. There are now over 1.3 billion monthly active devices running the Windows 10 operating system, Nadella said. All Rights Reserved. Microsoft does not disclose Azure revenue in dollars. Microsoft is due to report its 3Q earnings results next Tuesday afternoon. The Teams chat and calling app reached 145 million daily active users, up from 115 million in October, while LinkedIn's advertising business reached $3 billion in revenue over the past 12 months, Microsoft CEO Satya Nadella said on the call. Jeenah Moon/Getty Images Microsoft reports September quarter results on Tuesday afternoon, and the story should continue to be a … "That's the fourth consecutive quarter of 15% seat growth on a very large base," Microsoft's chief financial officer Amy Hood said of the Office 365 results for commercial customers. On a call with investors, Microsoft forecast fiscal fourth-quarter productivity segment revenue with a midpoint of $13.93 billion, above Refinitiv estimates of $13.57 billion. A Division of NBCUniversal. In the prior quarter Azure revenue grew 50%. By grabbing market share in the booming market for cloud computing and expanding business services such as its Teams collaboration service and LinkedIn social network, Microsoft has become one of the world's most valuable companies. It also closed the $8.1 billion acquisition of video game maker ZeniMax Media. Its sales forecasts for its intelligent cloud and personal computing businesses had midpoints of $16.32 billion and $13.80 billion, respectively, above estimates of $16.0 billion and $13.26 billion, according to Refinitiv data. Microsoft said in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast. That was up almost 19% and higher than the $12.55 billion consensus. Sales for its LinkedIn social network were up 23% on a currency adjusted basis, slightly above Visible Alpha estimates of 21.9%, as revenue continued to recover from a sharp decline in job listings and hiring at the onset of the pandemic. RTÉ.ie is the website of Raidió Teilifís Éireann, Ireland's National Public Service Media. Microsoft Teams has 145 million daily users, up from 115 million in October, the company reported. In the quarter Microsoft released $500 Xbox Series X and $300 Series S consoles, along with a small version of its Surface Laptop PC called the Surface … Intelligent Cloud contains Azure, Windows Server, SQL Server, Visual Studio, GitHub and Enterprise Services. The number is important to investors who want to see that Microsoft can continue to make Azure more profitable. Find out why MSFT stock might rally following its quarterly results. Notwithstanding the after-hours move, Microsoft shares are up 18% year to date, compared with a gain of around 12% for the S&P 500 over the same time period. The company said its Azure public cloud, which competes with market leader Amazon Web Services, grew 50%, faster than the 46% growth analysts had expected, according to a CNBC review of 14 equity research notes. © 2021 CNBC LLC. This is down from a currency-adjusted 48% the quarter before but in line with analysts' expectations of 46.3% growth, according to data from Visible Alpha. Microsoft said Azure, its closely watched cloud computing business that competes with Amazon Web Services and Alphabet's Google Cloud, grew 50% in the quarter, or 46% when adjusted for currency variations. Despite its massive size at the time, Microsoft's quarterly results still managed to impress, sending shares even higher after the report was released. (Bloomberg) -- Microsoft Corp. reported quarterly sales and profit that topped analysts’ estimates for a ninth straight quarter, lifted by booming cloud-computing demand. Microsoft exceeded analysts' estimates on the top and bottom lines, as well as revenue guidance. Those services were still in demand during the pandemic, with Microsoft's Azure cloud service closing ground on market-share leader Amazon Web Services and growing 50% in the quarter. Revenue and adjusted earnings per share were $41.7 billion and $1.95 per share, above analysts' estimates of $41.03 billion and $1.78 per share, according to data from Refinitiv. OUR OPPORTUNITY The software and hardware maker posted 19% annualized revenue growth for the quarter, which ended March 31, according to a statement. Microsoft called for $35.61 billion in revenue for the fiscal first quarter, implying 8% revenue growth. In 2020 overall, Microsoft expects double digit revenue and operating income growth. With respect to guidance, Microsoft is expecting $43.6 billion to $44.5 billion in revenue in the fiscal fourth quarter, said Amy Hood, Microsoft's finance chief, on a conference call with analysts. Operating income was $17.9 billion and increased 29%. Earnings Results Microsoft hits $40 billion in quarterly sales for first time, reports record earnings Last Updated: Jan. 27, 2021 at 7:50 a.m. Microsoft announces quarterly earnings release date. Overall sales at Microsoft's "intelligent cloud" unit that contains Azure were $15.1 billion, above analysts' estimates of $14.92 billion, according to Refinitiv data. Microsoft reports quarterly earnings on Tuesday. Hood had told analysts in … Microsoft said in February that it didn't expect to meet the quarterly guidance it had provided for More Personal Computing. Know the dates for the quarterly dividendGet the quarterly dividend amount, record date, ex-dividend date, payable date and historyGet details. Technology research company Gartner estimated earlier this month that PC manufacturers shipped nearly 70 million units in the quarter, 32% more than in the year-ago quarter, the fastest growth since Gartner started tracking the PC market in 2000. At the middle of the range that would represent 16% growth, more than the $42.98 billion consensus estimate among analysts polled by Refinitiv. The outcome was greater than Microsoft itself had forecast. Lookup now. Get this delivered to your inbox, and more info about our products and services. Azure cloud revenue growth was flat from the prior quarter. Microsoft's Intelligent Cloud segment delivered $15.12 billion in revenue in the fiscal third quarter. July 8, 2020 | Microsoft News Center. Prices display split-adjusted cost basis per share on that date. The company's operating margin narrowed somewhat as cloud became a larger part of its business. Earnings: 3 Tech Stocks to Watch This Week Here's what to watch when PayPal, Microsoft, and Twitter report their latest quarterly results. Microsoft reports beat on top and bottom line. Find the latest Earnings Report Date for Microsoft Corporation Common Stock (MSFT) at Nasdaq.com. All-up, we delivered $143 billion in revenue, $53 billion in operating income, and more than $60 billion in operating cash flow—and returned $35 billion to shareholders. People working and studying from home bought new PCs and video consoles, spurring Microsoft Windows operating system and video game businesses. ET Now, sticking to its guns seems to have paid off, according to the company's latest quarterly financial report. In January, Hood called for Windows license revenue from device makers to be up in the low single digits. Microsoft Corp.’s (MSFT) stock has been on a fantastic ride over the past 52-weeks, with the shares surging by almost 59%. Microsoft continued to benefit from the pandemic’s shift to remote computing and gaming, with revenue and profits reaching new heights in the latest quarter, the company said on Tuesday. But its shares fell 2.5%, paring some deeper losses after executives gave a better than expected forecast during a conference call with investors. 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