Microsoft Q3 FY18 Earnings: Office 365 commercial saw a revenue growth of 42%
1 min. read
Published on
Share this article
Improve this guide
Read our disclosure page to find out how can you help MSPoweruser sustain the editorial team Read more
Microsoft today announced FY18 Q3 earnings results with a revenue of $26.8 billion and operating income of $8.3 billion. Microsoft reported that Office commercial products and cloud services revenue increased 14% (up 12% in constant currency) mainly driven by strong Office 365 commercial revenue growth of 42% (up 40% in constant currency). As businesses are migrating to cloud based solutions like Microsoft’s own Office 365, Office commercial products revenue declined by 15% this quarter.
In the consumer side, Office revenue growth has slowed down. The revenue grew 12% (up 9% in CC) and the total Office 365 consumer subscribers have reached 30.6 million.
Microsoft also mentioned that LinkedIn’s revenue grew 37% (up 33%) with 30% growth in LinkedIn sessions. Dynamics 365 revenue grew 65% (up 62% in constant currency), thanks to new product refresh cycle and key customer wins.
