It’s earnings day for Microsoft and the company has posted another strong quarter (Q1 with revenue of $24.5 billion with Net Income being reported as $6.6 billion.
Microsoft has released its Q4 earnings (Q2 calendar) and during that time period, the company brought in Net income of $6.5 billion on $23.3 billion of revenue.
Microsoft’s Cloud performance continues to be a key driver of revenue for the company with Q3 results indicating that its services have a run rate of $15.2 billion.
Microsoft has released its second quarter earnings (first quarter calendar) with revenue of $24.1 billion GAAP, and $26.1 billion non-GAAP; this tops analysts estimates for the quarter.
For the end of its first quarter fiscal year, third quarter calendar year, Microsoft has reported $20.5 billion in GAAP and $22.3 billion in non-GAAP revenue with operating income at $5.2 billion GAAP, and $7.1 billion non-GAAP.
For the fourth quarter of Microsoft’s fiscal year, ending June 30th, the company reported revenue of $22.6 billion non-GAAP (20.6 GAAP) with operating income of $3.1 billion GAAP, and $6.2 billion non-GAAP.