Microsoft: beats consensus in Q3
(CercleFinance.com) - On Thursday night, Microsoft unveiled Q3 2017-18 (non-GAAP) adjusted net income that was up 35% at 7.
4 billion, or EPS of 95 cents, while the consensus was expecting only 85 cents.
The IT giant from Redmond, Washington reported a 23% increase in operating profit to 8.3 billion dollars, on revenues that rose by 16% to 26.8 billion dollars, once again above the consensus.
Our results this quarter reflect the confidence that people and organizations have in Microsoft Cloud, said CEO Satya Nadella, with the group growing its commercial revenue in the cloud by 58%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
4 billion, or EPS of 95 cents, while the consensus was expecting only 85 cents.
The IT giant from Redmond, Washington reported a 23% increase in operating profit to 8.3 billion dollars, on revenues that rose by 16% to 26.8 billion dollars, once again above the consensus.
Our results this quarter reflect the confidence that people and organizations have in Microsoft Cloud, said CEO Satya Nadella, with the group growing its commercial revenue in the cloud by 58%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.