Microsoft Q2 FY18 Earnings: Office 365 commercial saw a revenue growth of 41%

Microsoft today announced FY18 Q2 earnings results with a revenue of $28.9 billion and operating income of $8.7 billion. Microsoft reported that Office commercial products and cloud services revenue increased 10% (up 10% in constant currency) mainly driven by strong Office 365 commercial revenue growth of 41% (up 41% in constant currency).

In the consumer Office segment, the total number of Office 365 subscribers increased to 29.2 million. Also, the Office consumer products and cloud services revenue increased 12% (up 11% in constant currency). As businesses are migrating to cloud based solutions like Microsoft’s own Office 365, Office commercial products revenue declined by 16% this quarter.

Linked contributed $1.3 billion to Microsoft’s revenue and the sessions grew 20% when compared to the last quarter.

“We delivered another strong quarter with commercial cloud revenue growing 56% year-over-year to $5.3 billion,” said Amy Hood, executive vice president and chief financial officer of Microsoft. “Strong execution from our sales teams and partners is driving growth across our businesses.”

Some links in the article may not be viewable as you are using an AdBlocker. Please add us to your whitelist to enable the website to function properly.