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Microsoft Q3 Earnings: Strong Revenue Growth Across Key Segments, Stock Rises 5%

  • Microsoft press release (NASDAQ: MSFT): Q3 GAAP EPS of $2.94 beats by $0.11.
  • Revenue of $61.9B (+17.1% Y/Y) beats by $1.01B.
  • Shares +5%.
  • Revenue in Productivity and Business Processes was $19.6 billion and increased 12% (up 11% in constant currency)
  • Revenue in Intelligent Cloud was $26.7 billion and increased 21%
  • Revenue in More Personal Computing was $15.6 billion and increased 17%
  • Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.