Microsoft FY18 Q4 earnings: $30.1 billion in revenue propelled by more cloud growth
Microsoft today released its earnings report for FY18 Q4, showing revenues of $thirty.one billion and $viii.9 billion in cyberspace income. That's up from the same period a twelvemonth agone, during which Microsoft brought in $25.vi billion in revenue and $8.1 billion in cyberspace income.
Here are the highlights from this quarter's release:
- Revenue was $30.1 billion and increased 17%
- Operating income was $10.4 billion and increased 35%
- Cyberspace income was $viii.9 billion GAAP and $8.8 billion non-GAAP
- Diluted earnings per share was $1.14 GAAP and $i.13 non-GAAP
Deject and Office
Microsoft'due south results for Q4 outperformed annotator expectations, which were pegging acquirement to fall somewhere in the $29 billion range. A large reason for that is the connected force of Microsoft'south cloud and Office efforts, which have been infrequent performers for the company for some time.
In particular, the quaternary quarter saw Microsoft'south Function commercial products and cloud services increase revenue by 10 per centum, by and large driven past 38 percent growth in Office 365 commercial revenue. Meanwhile, Part consumer products and cloud services acquirement was upward by eight percent, with Office 365 consumer subscribers increasing to 31.4 one thousand thousand.
LinkedIn also saw a relatively large increase in acquirement, posting 37 percent growth over the same menstruation a year ago. Meanwhile, Microsoft's Intelligent Cloud business, which includes its server products and cloud services, rose past 23 pct.
Surface, Windows, and gaming
Switching gears to the More Personal Computing category, acquirement increased past 17 percent, moving up to $10.viii billion. That's on the back of a seven per centum increase in Windows OEM acquirement and a 23 percent jump in Windows commercial products and cloud services revenue.
Meanwhile, gaming revenue was up by 39 percent, including a 36 percent jump for Xbox software and services. Microsoft's Surface business as well saw significant growth for the quarter, posting a 25 percent gain over the same time terminal year.
Finally, in addition to its Q4 release, Microsoft provided a expect at how information technology performed for the entirety of the 2022 fiscal year. For the 12 months ending on June thirty, Microsoft totalled revenues of $110.36 billion, which is a fourteen percent jump over its total 2022 performance ($96.57 billion).
As usual, Microsoft will concord a briefing call and webcast at 2:thirty p.k. PT / five:30 p.m. ET on its investor site to discuss the earnings.
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Source: https://www.windowscentral.com/microsoft-fy18-q4-earnings
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