Profit and revenue in the I finkvartal expectations
Redmond. 27 Oct. INTERFAX – the world’s Largest software maker Microsoft Corp. increased net profit and revenues in the first quarter of 2018 fingado much stronger than market expectations due to the success of your cloud business.
The company’s shares during the pre-trading on Friday jumped by 4.6% to a record $of 82.34 per share. With the beginning of the year capitalization of the company increased by 27%, to $606,66 billion.
According to a press release from the company, the net profit in July-September amounted to $6,58 billion, or 84 cents per share, compared with $5.67 billion, or 72 cents a share, for the same period in the previous Vigoda.
Revenue increased 12% to $24,54 billion.
Analysts polled by S&P Global Market Intelligence, on average had forecast a profit of 72 cents a share on revenue of $23,56 billion.
It is noted that the potential revenue corporate of Microsoft cloud services (Azure and Office 365) – the value of sales last month, multiplied by 12 is $20.4 billion. Two years ago the head of the company Satya Nadella has set a goal to reach $20 billion by the end of the current Vigoda. At that time, the figure was $6.3 billion
Over the past quarter, Microsoft returned to shareholders $4.8 billion in the form of dividends and through the repurchase of own shares is reported in statements. The dividend was increased by 8% to $0,42 per share.
Revenue Cloud Intelligent (“smart cloud”), which includes cloud service Azure and the business to produce software for servers, has grown in July-September by 14% – to $of 6.92 billion of Azure soared to 90%.
Unit Productivity and Business Processes, which, in particular, produces a package of Office applications, increased revenue by 28% to $8.24 billion sales of products and services for corporate clients increased by 10%, for residential customers – 12%, and the number of Office 365 subscribers has grown to 28 million people.
Meanwhile, the business revenue of More Personal Computing, including Windows, Xbox and Surface devices, have not changed and amounted to $9.4 billion in Sales of Surface devices has increased by 12%, revenues from sales of games and consoles – 1%.
The company predicts that in the current quarter revenue of More Personal Computing $11.7-12.1 billion, Productivity and Business Processes – $8,75-8,95 billion, an Intelligent Cloud – $7,35-of 7.55 billion.