Regístrese ahora para una mejor cotización personalizada!

Cloud revenues power Microsoft's $51.7 billion Q2 in fiscal year 2022

Ene, 25, 2022 Hi-network.com
Credit: Microsoft

Microsoft's commercial cloud revenues hit$22.1 billion, up 32% year-over-year, in its second quarter for fiscal 2022. Revenue across the board was$51.7 billion, up 20% year-over-year, and net income was$18.8 billion, up 21% compared to 2021's Q2. 

Recommends

The best Windows laptops

Here are 's top picks for a variety of use cases.

Read now

Earnings per share were$2.48, up 22%. Wall Street was predicting Microsoft would come in at$50.9 billion for its fiscal second quarter, with profits of$2.31 a share. 

This was the first time that Microsoft passed$50 billion in a quarter, officials said during its earnings report on January 25.

The company executed strongly across all its product groups. Office commercial products and cloud services were up 14%, with Office 365 commercial revenues up 19%. LinkedIn revenues were up 37%. Dynamics products and cloud services were up 29%, with Dynamics 365 revenues up 45%. 

Windows OEM revenues were up 25%, in spite of ongoing PC component shortages, largely as a result of strong business demand. (Commercial licenses contribute more money than non-commercial ones.) Windows OEM revenue growth included a positive impact from the Windows 11 revenue deferral as well. 

Even Surface was up this quarter by 8%, in spite of predictions by Microsoft officials that the Surface business would have a rough Q2. Surface growth was largely attributable to Surface Laptop sales, officials said.

Credit: Microsoft

Officials cited growth in "the number of larger, long-term Azure contracts" as contributing to strong commercial bookings (up 32% compared to a year ago). However, Microsoft Cloud gross margin was down slightly year-over-year, to 70% from 71%, due to a change in Microsoft's accounting estimate for the useful life of server and network equipment.

Azure and other cloud services grew 46% in the second quarter, which was down from the last several quarters, where growth was 50% or higher, which some are attributing to the fall in Microsoft's stock price after hours. 

Update: After CFO Amy Hood forecast that Azure would be up sequentially next quarter, the market reacted favorably.

Tech Earnings

SMART Global fiscal Q2 results, outlook top expectationsAdobe shares sag as outlook misses expectationsMicron stock jumps as fiscal Q2 results, outlook top expectationsOracle shares rebound, fiscal Q4 view tops expectationsPagerDuty stock surges as fiscal Q4 revenue, forecast top expectationsDocuSign shares plunge, Q1 and year views miss expectationsCrowdstrike reports Q4 revenue of$431 million and$1.45 billion for full yearBroadcom shares jump as fiscal Q1 results, outlook top expectations
  • SMART Global fiscal Q2 results, outlook top expectations
  • Adobe shares sag as outlook misses expectations
  • Micron stock jumps as fiscal Q2 results, outlook top expectations
  • Oracle shares rebound, fiscal Q4 view tops expectations
  • PagerDuty stock surges as fiscal Q4 revenue, forecast top expectations
  • DocuSign shares plunge, Q1 and year views miss expectations
  • Crowdstrike reports Q4 revenue of$431 million and$1.45 billion for full year
  • Broadcom shares jump as fiscal Q1 results, outlook top expectations

tag-icon Etiquetas calientes: negocio empresas

Copyright © 2014-2024 Hi-Network.com | HAILIAN TECHNOLOGY CO., LIMITED | All Rights Reserved.