The segment's operating margin narrowed to 34.6% from 40% following the introduction of two Xbox video-game consoles in November. The middle of the range, at $40.8 billion, implies 16.5% growth and is higher than the $38.70 billion consensus among analysts polled by Refinitiv. Satya Nadella — Chief Executive Officer. … Technology industry research company Gartner estimated that PC shipments, excluding Chromebooks, grew 10.7% in the quarter. newsletter, renewed effort to attract more subscribers. Got a confidential news tip? Server products and cloud services revenue has also increased 26 percent as more businesses rely on cloud services. This compares to earnings of … Dividend. In the fiscal second quarter, revenue from Microsoft's Intelligent Cloud business segment totaled $14.60 billion. Revenue guidance for the company quarter beat expectations. © 2021 CNBC LLC. Windows OEM revenue overall, including pro licenses, grew 1 percent in total, likely because of the strong prior Windows 7 upgrade schedule for businesses. This is the first quarter of sales of Microsoft’s Xbox Series X and Series S consoles. Satya Nadella - Chief Executive Officer Microsoft also just announced an updated Surface Pro 7 Plus device, available only for businesses and schools. Microsoft Earnings And Options Activity MSFT is expected to report adjusted EPS of $1.78, up from $1.40 in the same quarter last year, according to third-party consensus analyst estimates. Windows OEM non-pro revenue has grown by 24 percent for Microsoft, reflecting the demand from consumers. Submit by Friday, Feb. 12, at 3 pm EST. Analysts polled by FactSet had expected a 26% margin from the segment. Windows OEM revenue up only 1%. Microsoft beat expectations on earnings and revenue. Over on the Surface side, Microsoft’s updated Surface Pro X and Surface Laptop Go also debuted during this quarter. See our ethics statement. Microsoft said Azure revenue grew 50%. Microsoft announces quarterly earnings release date. Surface revenue is up 3 percent, but it’s crucially now a $2 billion business for the first time ever. We want to hear from you. Excluding the after-hours move, Microsoft shares are up around 5% since the start of 2021, while the S&P 500 index is up about 3%. Shares edged down 0.2% to 85.21 on Tuesday. The report will be for the fiscal Quarter ending Mar 2021. At 10am, stock value is 233.83, At 12pm, stock value is 240.08, At 2pm, stock value is 241.13. Microsoft's machine continues to execute very well, says Griffin Securities' Vleeschhouwer, released $500 Xbox Series X and $300 Series S consoles. EPS, revenue, and Azure revenue growth all beat expectations. Company Participants. Gaming has been incredibly popular throughout 2020, and many have clearly turned to Xbox Game Pass and services like xCloud during the pandemic. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. SOPA Images via Getty Images Another quarter, another booming earnings report from Microsoft. Analysts had expected around 42% growth. Xbox content and services revenue has also increased by 40 percent compared to the same quarter last year. Corporate Participants: Michael Spencer — General Manager of Investor Relations. Microsoft earnings press release available on Investor Relations website. Cloud services continue to be a big boost to Microsoft’s revenues, thanks to the general pandemic shift in work and learning behavior. Quotes delayed by up to 15 minutes. If you buy something from a Verge link, Vox Media may earn a commission. Microsoft stock rose as much as 6% in extended trading on Tuesday after the company reported fiscal second-quarter earnings Azure cloud revenue growth and quarterly revenue guidance that exceeded analysts' expectations. Nominations are open for the 2021 CNBC Disruptor 50, a list of private start-ups using breakthrough technology to become the next generation of great public companies. Update, January 26th 6:05PM ET: Article updated with comments from Microsoft’s earnings call. Get this delivered to your inbox, and more info about our products and services. The Zacks Consensus Estimate for fiscal second-quarter earnings has remained steady over the … Recently, Microsoft's adjusted EPS rose by 37.2% and 23.2%, respectively, in Q2 and 3Q FY 2020. Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast. Analysts expect that Microsoft to … In an earnings call with investors, Microsoft CFO Amy Hood said the company expects a “significant demand” for Xbox Series X and S consoles next quarter, but that supply will still be constrained. Microsoft Corporation (NASDAQ:MSFT) Q2 2021 Earnings Conference Call January 26, 2021 5:30 PM ET. $231.86 $237.22 10am 12pm 2pm 4pm. Azure revenue itself grew 50 percent. This quarter, revenue was $43.1 billion, up 17% and 15% in constant currency. Microsoft doesn't disclose Azure revenue in dollars. Xbox, Surface, and cloud once again boost Microsoft’s Q2 earnings, Sign up for the The company also said some of its source code had been accessed after the company had detected malicious SolarWinds software in its environment. Amy Hood — Executive Vice President and Chief Financial Officer. Price Quote as of 2/01/2021 4:00:00 PM - ET. M icrosoft (MSFT) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.64 per share. Microsoft (MSFT) reported fiscal Q2 earnings after market close on January 26. It is time! Microsoft Earnings History . All Rights Reserved. Gaming up 51%. In the quarter Microsoft released $500 Xbox Series X and $300 Series S consoles, along with a small version of its Surface Laptop PC called the Surface Laptop Go. That’s significant for the long-term health of the Surface business, and it comes during an increased demand for laptops and PCs. The stock continued to trend upward after Microsoft reported financial results for Q2 FY 2021, which ended Dec. 31, 2020. The company now has 18 million people subscribing to the Xbox Game Pass service for accessing dozens of games, up from 15 million in September. That’s pushed Microsoft’s overall gaming revenue up 51 percent, and it has reached $5 billion for the first quarter ever. Microsoft Earnings, Revenue Beat in Q2 More Investing.com - Microsoft reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. Microsoft posted the second quarter of its 2021 financial results today, reporting revenue of $43.1 billion and a net income of $15.5 billion. Below is the Apple Maven’s live blog coverage of the event: results, reactions, commentary, and Apple stock price moves. “Building their own digital capability is the new currency driving every organization’s resilience and growth.”. With respect to guidance, Microsoft sees $40.35 billion to $41.25 billion … The company had revenue of $43.08 billion for the quarter, compared to the … Microsoft last issued its quarterly earnings data on January 25th, 2021. Microsoft heads into its fiscal Q3 earnings release April 27 with a new acquisition under its belt. The software giant reported $2.03 earnings per share for the quarter, beating analysts' consensus estimates of $1.64 by $0.39. Brent Thill — Jefferies — Analyst Sign up for free newsletters and get more CNBC delivered to your inbox. January 26, 2021 | Microsoft News Center. Data is a real-time snapshot *Data is delayed at least 15 minutes. Azure revenue growth accelerated and came in above analysts' expectations for the quarter. “What we have witnessed over the past year is the dawn of a second wave of digital transformation sweeping every company and every industry,” says Microsoft CEO Satya Nadella. Sales of new Xbox consoles didn't hurt the margin of the Windows business as much as analysts had expected. Focus could be on the Nuance Communications buy, … Microsoft’s gaming business is strong this quarter. AMD stock climbed 3% overnight. Microsoft has been focusing on Teams and Microsoft 365 services for consumers, launching a renewed effort to attract more subscribers last year. Microsoft revenue grew 17% on an annualized basis, up from 12% growth in the prior quarter, according to a statement. With respect to guidance, Microsoft sees $40.35 billion to $41.25 billion in fiscal third-quarter revenue. The PC market just had its first big growth in 10 years, with around 300 million shipments of devices during 2020. The Productivity and Business Processes segment, including Office, Dynamics and LinkedIn, produced $13.35 billion in revenue, which was up 13% and more than the $12.89 billion consensus. Highlights. The pandemic has impacted the way a lot of people work or learn, and many have turned to laptops to continue remotely. Both Office commercial and consumer are up, with Office 365 Commercial revenue growth up by 21 percent. We saw some impressive growth for Surface, Xbox, and cloud-related services in Microsoft’s previous quarter, and it’s very much the same this time around. Earnings: $1.51 per share, excluding certain items, vs. $1.32 per share as expected by analysts, according to Refinitiv. A Division of NBCUniversal. Michael Spencer - General Manager, IR. The More Personal Computing segment, containing Windows, gaming, devices and search advertising, generated $15.12 billion in revenue, which was up 14% and came in higher than the $13.47 billion FactSet consensus estimate. Share on Facebook (opens new window) Share on LinkedIn (opens new window) Share on Twitter (opens new window) REDMOND, Wash. — Jan. 26, 2021 — Microsoft Corp. on Tuesday announced that fiscal year 2021 second-quarter financial results are available on its Investor … while the chipmaker guided higher for Q2. Microsoft announced its Q2 earnings, beating on the top and bottom line. On Tuesday Microsoft stock closed at $232.33 per share, posting a new all-time high for the first time since September. Microsoft Corporation is expected* to report earnings on 04/27/2021 after market close. Microsoft’s Q2 2021 earnings show a strong gaming business and Surface growing to a $2 billion business. Amy Hood -- Chief Financial Officer Thank you, Satya, and good afternoon, everyone. The segment includes the Azure public cloud, server products such as Windows Server, GitHub and enterprise services. Azure. Microsoft FY Q2 2021 Earning Results hide. Microsoft today reported fiscal Q2 2020 earnings, including revenue of $36.9 billion, net income of $11.6 billion, and earnings per share of $1.51. Microsoft revenue grew 17% on an annualized basis, up from 12% growth in the prior quarter, according to a statement. July 8, 2020 | Microsoft News Center. Amy Hood, Microsoft's finance chief, said during a conference call with analysts that she expects double-digit revenue growth and "healthy operating-margin expansion" for the full fiscal year, which ends on June 30, even after a change in the useful life of servers and savings related to the coronavirus. Subscribe to get the best Verge-approved tech deals of the week. The pandemic hasn't slowed Microsoft's march to profits as it rounded out an arguably disruptive 2020 calendar, on a high note. She said gaming revenue would grow around 40% in the fiscal third quarter, down sequentially from 51%. AMD earnings beat views on booming data-center chips. The new model includes a bigger battery, Intel’s 11th Gen processors, a removable SSD, and LTE. Microsoft Corporation (NASDAQ: MSFT) Q2 2021 earnings call dated Jan. 26, 2021. The company expects a 16 percent effective tax rate, plus or minus 2 percent, in the second half of the fiscal year. While both debuted toward the end of the quarter (November 10th), Microsoft says hardware revenue has grown 86 percent, thanks to the next-gen consoles. MSFT stock day chart showing stock value at various times. Revenue is up 17 percent, and net income has increased by 33 percent. Microsoft 365 Consumer subscribers have also increased to 47.5 million, a 28 percent bump. Microsoft MSFT is scheduled to report second-quarter fiscal 2021 results on Jan 26. That growth may end in Q4 FY 2020. Analysts: Mark Moerdler — Bernstein Research — Analyst. According to the latest fiscal earnings report, Microsoft's Q2 … Revenue was up 23% year over year and above the $13.77 billion consensus among analysts polled by FactSet. For the full year, ending June 2021, earnings are projected to rise 17% year over year to $6.76 per share, while full-year revenue of $158.29 billion would mark a year-over-year increase of 10.7%. Apple reports fiscal second quarter earnings on April 28. Profits as it rounded out an arguably disruptive 2020 calendar, on a high note learn, market. Report from Microsoft expects a 16 percent effective tax rate, plus minus... That ’ s crucially now a $ 2 billion business for the quarter, Another booming earnings from. On booming data-center chips this compares to earnings of … Microsoft earnings press available... 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