Microsoft Announces Q2 FY 2018 Earnings

Stefan Mileschin · 4th February 2018, 18:06

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

4th February 2018, 18:06	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,650	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

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