Microsoft Announces Q2 FY 2018 Earnings
 

This afternoon, Microsoft announced their earnings for the second quarter of their 2018 fiscal year. The company had revenues of $28.9 billion for the quarter, which is up 12% from a year ago, and was driven by strong growth in their business offerings and cloud revenue. Gross margin for the quarter was 62%, which is flat compared to Q2 2017. Operating income was $8.7 billion for the quarter, which was up 10% year-over-year, but Microsoft is taking a $13.8 billion charge on deemed repatriation of deferred foreign income, so for this quarter, in terms of GAAP results, they are reporting a net loss of $6.3 billion, which results in a loss per share of $0.82. Excluding that charge, net income would have been up 20% to $7.5 billion.

https://www.anandtech.com/show/12383...-2018-earnings