Microsoft Q4 2017 Earnings Release: Revenue beats expectations, Azure accelerates
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Microsoft has released the following results for the quarter ended June 30, 2017:
- Revenue was $23.3 billion GAAP, and $24.7 billion non-GAAP
- Operating income was $5.3 billion GAAP, and $7.0 billion non-GAAP
- Net income was $6.5 billion GAAP, and $7.7 billion non-GAAP
- Diluted earnings per share was $0.83 GAAP, and $0.98 non-GAAP
That $24.7 billion revenue beat analyst expectations of $24.27 billion by $43 million.
Once again, CEO Satya Nadella credits the cloud. (He did so in both Q2 and Q3 2017, but credited satisfying Q1 results to digital t...
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