Saturday, July 22, 2017

Microsoft Cloud Strength Highlights 4Q Results

Microsoft Corp. today announced the following results for the quarter ended June 30, 2017:

  • Revenue was $23.3 billion GAAP, and $24.7 billion non-GAAP
  • Operating income was $5.3 billion GAAP, and $7.0 billion non-GAAP
  • Net income was $6.5 billion GAAP, and $7.7 billion non-GAAP
  • Diluted earnings per share was $0.83 GAAP, and $0.98 non-GAAP

The following table reconciles our financial results reported in accordance with generally accepted accounting principles (“GAAP”) to non-GAAP financial results. Microsoft has provided this non-GAAP financial information to aid investors in better understanding the company’s performance. Additional information regarding our non-GAAP definition is provided below. The non-GAAP financial measures presented in this release should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. All growth comparisons relate to the corresponding period in the last fiscal year.