Microsoft today reported its latest quarter financial results. Microsoft’s EPS and sales numbers were well ahead of analysts estimates, EPS was $1.13 against the estimate of $1.08 and the revenue was $30.1B against the estimate of $29.21B. Operating income was $10.4 billion and it increased 35%. Once again, Microsoft’s results were driven by solid financial results from Office 365 and Azure.
“We had an incredible year, surpassing $100 billion in revenue as a result of our teams’ relentless focus on customer success and the trust customers are placing in Microsoft,” said Satya Nadella, chief executive officer of Microsoft. “Our early investments in the intelligent cloud and intelligent edge are paying off, and we will continue to expand our reach in large and growing markets with differentiated innovation.”
“Exceptional sales execution delivered double-digit revenue growth across all segments and strong progress against our strategic priorities, anchored by commercial cloud revenue growing 53% year-over-year to $6.9 billion,” said Amy Hood, executive vice president and chief financial officer of Microsoft.