LIVE: Microsoft Smashes Earnings, Stock Takes Off

Steve BallmerBusiness Insider/Julie BortMicrosoft CEO Steve Ballmer

Microsoft earnings are out!

It’s a beat on the top and bottom line:

  • Revenue is $US24.52 billion versus analyst estimates of $US23.68 billion.
  • EPS is $US0.78 versus analyst estimates of $US0.68.

The stock is up 3.85% in after-hours trading…

Some highlights from the release:

  • Surface revenue is $US893 million, up from $US400 million the quarter before.
  • Windows OEM revenue was down 3%.
  • It says Bing search share is 18.2%.
  • Office 365 seats “grew triple digits”.

Here’s a breakdown of the company’s earnings:

And for clarity’s sake… here’s how Microsoft breaks down its sales:

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.