Microsoft Q3 2017 earnings: Meet expectations, Dynamics up 10%, Azure steady at 93% growth

With both Dynamics and Azure performing strongly, Microsoft has released the following results for the quarter ended March 31, 2017:

• Revenue was $22.1 billion GAAP, $23.6 billion non-GAAP, just missing analyst expectations of $23.62 billion
• Still, diluted earnings per share was $0.61 GAAP, $0.73 non-GAAP, exceeding expectations by $0.03
• Operating income was $5.6 billion GAAP, $7.1 billion non-GAAP
• Net income was $4.8 billion GAAP, $5.7 billion non-GAAP

CEO Satya Nadella believes results reflect the trust customers are placing in the Microsoft Cloud. "From l...

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