$Microsoft (MSFT.US)$ Q3 EPS $2.45 beats $2.23 estimate, Sales $52.86B beats $51.02B estimate.
Microsoft Corp. April 25 announced the following results for the quarter ended March 31, 2023, as compared to the corresponding period of last fiscal year:
· Revenue was $52.9 billion and increased 7% (up 10% in constant currency)
· Operating income was $22.4 billion and increased 10% (up 15% in constant currency)
· Net income was $18.3 billion and increased 9% (up 14% in constant currency)
· Diluted earnings per share was $2.45 and increased 10% (up 14% in constant currency)
“The world's most advanced AI models are coming together with the world's most universal user interface - natural language - to create a new era of computing,” said Satya Nadella, chairman and chief executive officer of Microsoft. “Across the Microsoft Cloud, we are the platform of choice to help customers get the most value out of their digital spend and innovate for this next generation of AI.”
“Focused execution by our sales teams and partners in this dynamic environment resulted in Microsoft Cloud revenue of $28.5 billion, up 22% (up 25% in constant currency) year-over-year,” said Amy Hood, executive vice president and chief financial officer of Microsoft.
Business Highlights
Revenue in Productivity and Business Processes was $17.5 billion and increased 11% (up 15% in constant currency), with the following business highlights:
· Office Commercial products and cloud services revenue increased 13% (up 17% in constant currency) driven by Office 365 Commercial revenue growth of 14% (up 18% in constant currency)
· Office Consumer products and cloud services revenue increased 1% (up 4% in constant currency) and Microsoft 365 Consumer subscribers grew to 65.4 million
· LinkedIn revenue increased 8% (up 10% in constant currency)
· Dynamics products and cloud services revenue increased 17% (up 21% in constant currency) driven by Dynamics 365 revenue growth of 25% (up 29% in constant currency)
Revenue in Intelligent Cloud was $22.1 billion and increased 16% (up 19% in constant currency), with the following business highlights:
· Server products and cloud services revenue increased 17% (up 21% in constant currency) driven by Azure and other cloud services revenue growth of 27% (up 31% in constant currency)
Revenue in More Personal Computing was $13.3 billion and decreased 9% (down 7% in constant currency), with the following business highlights:
· Windows OEM revenue decreased 28%
· Devices revenue decreased 30% (down 26% in constant currency)
· Windows Commercial products and cloud services revenue increased 14% (up 18% in constant currency)
· Xbox content and services revenue increased 3% (up 5% in constant currency)
· Search and news advertising revenue excluding traffic acquisition costs increased 10% (up 13% in constant currency)
Microsoft returned $9.7 billion to shareholders in the form of share repurchases and dividends in the third quarter of fiscal year 2023.
$微軟 (MSFT.US)$ 第一季度每股收益2.45美元超過預期2.23美元,銷售額528.6億美元超過預期的510.2億美元。
微軟公司4月25日公佈了截至2023年3月31日的季度與上一財年同期相比的以下業績:
· 收入爲529億美元,增長7%(按固定貨幣計算增長10%)
· 營業收入爲224億美元,增長10%(按固定貨幣計算增長15%)
· 淨收入爲183億美元,增長9%(按固定貨幣計算增長14%)
· 攤薄後每股收益爲2.45美元,增長10%(按固定貨幣計算增長14%)
微軟董事長兼首席執行官薩蒂亞·納德拉說:“世界上最先進的人工智能模型與世界上最通用的用戶界面——自然語言——彙集在一起,開創了一個新的計算時代。”“在整個微軟雲中,我們是幫助客戶從數字支出中獲得最大價值併爲下一代人工智能進行創新的首選平臺。”
微軟執行副總裁兼首席財務官艾米·胡德表示:“在這種動態環境中,我們的銷售團隊和合作夥伴的集中執行使微軟雲收入達到285億美元,同比增長22%(按固定貨幣計算增長25%)。”
業務亮點
生產力和業務流程收入爲175億美元,增長了11%(按固定貨幣計算增長了15%),業務亮點如下:
· 在Office 365商業收入增長14%(按固定貨幣計算增長18%)的推動下,辦公商業產品和雲服務收入增長了13%(按固定貨幣計算增長了17%)
· Office消費者產品和雲服務收入增長了1%(按固定貨幣計算增長4%),微軟365消費者訂閱者增長到6,540萬
· 領英收入增長了8%(按固定貨幣計算增長了10%)
· 在Dynamics 365收入增長25%(按固定貨幣計算增長29%)的推動下,Dynamics產品和雲服務收入增長了17%(按固定貨幣計算增長了21%)
智能雲的收入爲221億美元,增長了16%(按固定貨幣計算增長了19%),業務亮點如下:
· 在Azure和其他雲服務收入增長27%(按固定貨幣計算增長31%)的推動下,服務器產品和雲服務收入增長了17%(按固定貨幣計算增長了21%)
更多個人計算收入爲133億美元,下降9%(按固定貨幣計算下降7%),業務亮點如下:
· Windows OEM 收入下降了 28%
· 設備收入下降了30%(按固定貨幣計算下降了26%)
· Windows商業產品和雲服務收入增長了14%(按固定貨幣計算增長了18%)
· Xbox內容和服務收入增長了3%(按固定貨幣計算增長了5%)
· 不包括流量獲取成本的搜索和新聞廣告收入增長了10%(按固定貨幣計算增長了13%)
微軟在2023財年第三季度以股票回購和分紅的形式向股東返還了97億美元。