Microsoft Posts $5.48 Billion Income On $23.2 Billion Revenue
GAAP results include a $2.6 billion net income tax benefit explained in the Non-GAAP ... $1.14_. Net Impact of the Tax Cuts and Jobs Act (TCJA) ... Revenue in Intelligent Cloud was $11.4 billion and increased 19% (up 21% in.... Microsoft shares rise after it beats revenue, profit expectations, Azure posts 62% ... The street had anticipated net income of $10.12 billion in net income, as well. ... valuation cresting the $1.28 trillion mark as we finish this post.. Analysts expected Microsoft to post earnings of $1.32 per share on revenue of $35.67 billion in the quarter. Shares of Microsoft rose nearly 3.... Our commercial cloud business delivered more than $23 billion in revenue, ... Finally, we know that the jobs of today will not be the jobs of tomorrow and ... net income and diluted earnings per share (EPS) by $13.7 billion and $1.75, respectively. ... Dynamics 365, and other cloud properties, increased 56% to $23.2 billion.. Microsoft today reported earnings for its second fiscal quarter of 2020, including revenue of $36.9 billion, net income of $11.6 billion, and earnings per share of $1.51 (compared to revenue of $32.5 billion, net income of $8.4 billion, and earnings per share of $1.08 in Q2 2019).. Microsoft has announced their quarterly financial results for the period ending September 30th (fiscal Q1 2015), posting $5.48 billion in operating income and $4.5 billion in net income on the back of $23.2 billion in revenue. Compared to the same period last year, Microsoft's ...
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