Microsoft Q4 FY16 Results: Dynamics products and cloud services grew 6%

Dynamics-CRM

Microsoft today announced FYQ4 2016 earnings results. Revenue was $20.6 billion GAAP, and $22.6 billion non-GAAP and operating income was $3.1 billion GAAP, and $6.2 billion non-GAAP. Revenue in Productivity and Business Processes grew 5% (up 8% in constant currency) to $7.0 billion. Dynamics products and cloud services revenue grew 6% (up 7% in constant currency) with Dynamics CRM Online paid seats growing more than 2.5x year-over-year. Dynamics billings grew over 20% while Dynamics CRM Online seat doubled YoY with 4 out of every 5 new CRM customers choosing CRM Online. Also, Microsoft highlighted that Dynamics now has nearly 10 million total monthly paid seats, growing more than 20% YoY.

Microsoft’s recent decision to acquire LinkedIn will benefit Dynamics the most. If everything goes by Microsoft’s plan, Dynamics can become a serious business inside Microsoft just like Azure, Office and Windows.

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.

Related
Comments