Microsoft Q2 2017 Earnings: Office sees 5% growth in revenue
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Microsoft today reported a revenue of $24.1 billion GAAP, and $26.1 billion non-GAAP for fiscal year Q2 2017. As expected, the company’s Office and productivity business revenue grew in the latest quarter. Microsoft actually reported an increase in revenue of 5% for Office commercial products and cloud services. Office consumer products and cloud services, on the other hand, saw a huge increase of 22% and Office 365 subscribers increased to 24.9 million:
- Office commercial products and cloud services revenue increased 5% (up 7% in constant currency) driven by Office 365 commercial revenue growth of 47% (up 49% in constant currency)
- Office consumer products and cloud services revenue increased 22% (up 21% in constant currency) and Office 365 consumer subscribers increased to 24.9 million
- Dynamics products and cloud services revenue increased 7% (up 9% in constant currency) driven by Dynamics 365 revenue growth
- LinkedIn contributed revenue of $228 million for the period beginning on December 8, 2016
You can find the full report here.
