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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Janet I. Tu.

January 24, 2014 at 8:11 AM

Microsoft’s second quarter earnings beat estimates

[This story is running in the print edition of The Seattle Times Jan. 24, 2014.]

Usually, it’s Microsoft’s corporate customers that help the company report solid financial results each quarter.

This time, Microsoft’s consumer and hardware customers pulled their weight, too.

On Thursday, Microsoft handily beat analysts’ estimates for its fiscal second quarter, which ran from October to December.

Microsoft reported sales of $24.52 billion, up 14.3 percent. Profit rose 2.8 percent to $6.56 billion, with earnings per share at 78 cents.

Wall Street analysts, according to a consensus estimate, had expected sales of $23.67 billion, profit of $5.74 billion and earnings per share of 68 cents.

Last year, Microsoft reported second-quarter revenue of $21.46 billion, profit of $6.38 billion, and earnings per share of 76 cents.

The company attributed the results to double-digit growth in both its Commercial (business-oriented) and Devices & Consumer segments.

[Continue reading the story here.]

0 Comments | More in Microsoft | Topics: earnings, second quarter earnings

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