Oct. 28, 2020 4:33 AM ET Microsoft Corporation (MSFT) 16 Comments 45 Likes. The Microsoft Security Response Center (MSRC) investigates all reports of security vulnerabilities affecting Microsoft products and services, and provides the information here as part of the ongoing effort to help you manage security risks and help keep your systems protected. Microsoft blames the dip … The FactSet estimate was $10.42 billion. Each quarterly leaderboard recognizes the security researchers who ranked at or above the 95 th percentile based on their total points. Earlier this month Jefferies analysts led by Brent Thill upgraded Microsoft stock to buy from the equivalent of a sell rating. Microsoft continues to boost its revenue and profits during an economic downturn. The company earned $37.15 billion during the quarter, compared to analysts' expectations of $35.67 billion. And now we’re seeing the results of that slowdown: gone are the quarters of 20%+ growth. © 2021 CNBC LLC. Microsoft doesn't disclose Azure revenue in dollar figures. I am happy to share a few highlights on some of the features for Q1. Over on the gaming side, Xbox content and services revenue has also increased significantly by 30 percent compared to the same quarter last year. Azure's growth rate has generally been on the decline as it keeps growing, like competitor Amazon Web Services, which is larger but growing more slowly. Microsoft Azure portal Build, manage, and monitor all Azure products in a single, ... New Azure Firewall certification and features in Q1 CY2020. In the fiscal first quarter, though, Microsoft said Xbox content and services revenue was basically unchanged; that result has to do with impact from the game Fortnite in the same period one year earlier, when there was 36% growth, making for a difficult comparison. The company earned $37.15 billion during the quarter, compared to analysts' expectations of $35.67 billion. Microsoft reported strong sales growth during its most recent quarter, but a weaker-than-expected guidance for the current quarter muted investor enthusiasm. Azure steers Microsoft to Q1 revenue of US$37B. Microsoft Q1 2020 Revenue Credit: Tadas Sar via Unsplash. Revenue increased 14% on an annualized basis in the first quarter of Microsoft's 2020 fiscal year, which ended on September 30, according to a statement.. Microsoft today reported its earnings for the fourth quarter of its 2020 fiscal year. Yair Tor Principal Program Manager, Azure Networking. Q1 is typically the company’s worst corner for Surface, and Q1 2020 was no different; Q2 tends to be the best, and Q2 2020 also followed this pattern. In 2020 overall, Microsoft expects double digit revenue and operating income growth. Microsoft posted the first quarter of its 2020 financial results today, reporting revenue of $33.1 billion and a net income of $10.7 billion. Hood predicted $12.45 billion to $12.65 billion in the cost of goods sold in the fiscal second quarter; analysts polled by FactSet had expected an average of $13.37 billion. Here's a snapshot of Microsoft's Q1 FY21, the three months to September 30: Total revenues of $37.2bn: Up 12 per cent year over year. The struggle is real! The software giant reported $1.82 EPS for the quarter, beating the consensus estimate of $1.53 by $0.29. I have an ever growing back-log, so I'm being conservative with the additions! Q1 2020 ($1.35 billion) and Q2 2020 ($1.98 billion) followed the usual pattern, in that the former is the company’s worst quarter for Surface, while the latter is the best. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Xbox content and services revenue increased 2%, and gaming revenue as … ET. Microsoft Q1 profit jumps 21%, tops estimates October 23, 2019 March 30, 2020 Microsoft Corporation ( NASDAQ: MSFT ) reported a 21% jump in earnings for the first quarter of fiscal 2020 as growths in Productivity and Business Processes, Intelligent Cloud, and More Personal Computing segments drove the top line higher. In the previous quarter Microsoft's Intelligent Cloud business segment, which includes Azure, was larger than any other segment for the first time in more than three years. The company's Azure revenue growth declined to 59%. The software giant reported $1.82 EPS for the quarter, beating the consensus estimate of $1.53 by $0.29. Q1 FY2020 results. The technology … Greetings, and … The biggest news here from a consumer point of view is that Microsoft 365 Consumer subscribers have also increased to 45.3 million. Gartner and IDC earlier this month both pointed to the Windows 10 upgrade cycle when they reported increases in PC shipments in the quarter. Microsoft (NASDAQ:MSFT) Q1 2021 Earnings Call Oct 27, 2020, 5:30 p.m. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. Microsoft’s total revenue for the quarter stood at £25.6 ($33.1) billion up 14 percent y/y. Today Microsoft reported its third-quarter, fiscal 2020 quarter earnings, the period of time corresponding to Q1 2020 on the regular calendar. Microsoft's $1.83 per share was well out in from of the $1.53 in the Zacks consensus, ... Microsoft (MSFT) Posts Strong Q1 Earnings Beat. The below graph represents the global revenue of Microsoft Corp., by quarter, starting from fiscal Q1 1996 to Q4 2020. The software maker continues … Microsoft (NASDAQ:MSFT) Q1 2021 Earnings Call Oct 27, 2020, 5:30 p.m. Azure revenue itself grew 48 percent. Marketplace Guide. Microsoft reported strong sales growth during its most recent quarter, but a weaker-than-expected guidance for the current quarter muted investor enthusiasm. WATCH: Microsoft partners with SpaceX to … "We do continue to expect Azure, especially on the consumption side, gross margins to improve," Amy Hood, Microsoft's chief financial officer, told analysts on a Wednesday conference call. Windows OEM revenue has dropped 5 percent, and Microsoft blames lower commercial demand for the dip. Q3 2020 was a little better. Today Microsoft reported its third-quarter, fiscal 2020 quarter earnings, the period of time corresponding to Q1 2020 on the regular calendar. The company reported its highest-ever quarterly revenue of $38,033 million in the fourth quarter ended June 30, 2020, with an appreciable 12.8% YoY and 8.6% QoQ growth. We need to wait for more details regarding it. Microsoft notes that Xbox Game Pass subscriptions and strength in third-party and first-party titles helped with revenue. newsletter, Microsoft Surface Pro X (2020) review: ARM gets more muscle, Surface Laptop Go review: a case study in cost cutting, Xbox Series X preview: the next gen feels like a PC. 4. Microsoft cruises past expectations for fiscal Q1, revenue up 12% to $37.2B, profits up 30% by Taylor Soper on October 27, 2020 at 1:40 pm October 27, 2020 … Microsoft posted the first quarter of its 2021 financial results today, reporting revenue of $37.2 billion and a net income of $13.9 billion. Microsoft attributed the change to more agreements on Microsoft 365, a bundle that includes Windows 10, Office 365 productivity services and mobility and security tools. A Division of NBCUniversal. The analysts pointed to Azure, the Office business and LinkedIn as growth opportunities. The struggle is real! “We expect very strong demand following the launch of our next-generation Xbox Series X and S consoles,” said Microsoft CFO Amy Hood during a call with investors. Michael Wiggins De Oliveira. In Q1 2020, the company reported revenue of $33.1 billion in … The top business segment in the fiscal first quarter was More Personal Computing, the traditional core of the company. Teams primarily competes with the similar service Slack, offering workspace chat and videoconferencing, file storage, and application integration. Microsoft Q1 profit jumps 21%, tops estimates October 23, 2019 March 30, 2020 Microsoft Corporation ( NASDAQ: MSFT ) reported a 21% jump in earnings for the first quarter of fiscal 2020 as growths in Productivity and Business Processes, Intelligent Cloud, and More Personal Computing segments drove the top line higher. Sign up for free newsletters and get more CNBC delivered to your inbox. Net Income 4.4. Factors Setting the Tone for Microsoft's (MSFT) Q2 Earnings Jan. 21, 2021 at 8:42 a.m. Elsewhere, LinkedIn revenue has also grown by 16 percent year-over-year with 722 million users. Note that each feature links to our public roadmap project where you can find more details about each item and see its status. The technology … Microsoft reported a 9.5% increase in the number of Office 365 consumer subscribers, which is now at 35.6 million. Revenue increased 14% on an annualized basis in the first quarter of Microsoft's 2020 fiscal year, which ended on September 30, according to a statement. The company is up against a tougher comparison in its first quarter of fiscal 2020 than it was in its fourth quarter of fiscal 2019. Microsoft reported its Q1 2020 fiscal year results today. Microsoft reported its Q1 2020 earnings on Wednesday, beating analysts’ expectations on the top and bottom line.Here are the most important numbers from … I'm most looking forward to: DBZ Kakarot - 17-Jan-2020. Posted on February 18, 2020. Excluding the after-hours move, Microsoft shares are up about 36% since the start of 2020, while the S&P 500 is up 5% over the same period. Operating Income 4.3. It’s clear that these main revenue drivers — Azure, gaming, Surface, and Office — have been influenced by the pandemic. Microsoft beat expectations on the top and bottom lines, but revenue guidance was lower than expected. Revenue increased 14% on an annualized basis in the first quarter of Microsoft's 2020 fiscal year, which ended on September 30, according to a statement. (It still discloses gaming revenue in its quarterly financial filing with the SEC.) What games are you most looking forward to play releasing in Q1 2020? Got a confidential news tip? Cloud and Office aren’t the only products driving Microsoft’s growth, though. More Personal Computing, which comprises Windows, Surface, search ads and gaming, came up with $11.13 billion in revenue. Marketplace Guide. Microsoft stock was little changed on Wednesday after the company reported better-than-expected fiscal first quarter results and slightly lower-than-expected quarterly revenue guidance. While commercial demand for PCs might be softening, Windows OEM non-pro revenue has grown by 31 percent, thanks to consumer PC demand. MICROSOFT Termine - hier erhalten Sie eine Übersicht über alle anstehenden und vergangenen Termine wie Quartalszahlen und Hauptversammlung von MICROSOFT. For gaming, Q1 2020 and Q2 2020 were disappointments for Microsoft. Microsoft splits its various businesses into three buckets: productivity and business processes, intelligent cloud, and more personal computing. Analysts polled by FactSet had been looking for $10.90 billion. Meanwhile, Microsoft's EPS was up 32% y/y in Q1 2021. ... PC shipments in third-quarter 2020 improved 3.6% year over year … Azure DevOps Roadmap update for 2020 Q1. Revenue from Windows commercial products and cloud services surged 26%; one year earlier the growth rate was 12%. In a surprise move, Microsoft has opted to backpedal on its original decision and will not increase Xbox Live Gold’s cost following significant backlash from gamers. Surface revenue has jumped by 37 percent this quarter to $1.5 billion. Microsoft's Intelligent Cloud segment has grown in each of the past 13 consecutive quarters, with revenue more than doubling from $6.1 billion in Q1 FY 2017 to $12.3 billion in Q3 FY 2020. Microsoft scooped up revenue of $33.1 billion and net income of $10.7 billion during Q1 2020, a very respectable 14 percent year on year increase for revenue and a … Update, October 27th 6:10PM ET: Article updated with comments from Microsoft’s investor call. During an earnings call with investors, Microsoft CEO Satya Nadella said “PCs have become mission critical,” and that Microsoft is seeing double digit growth in monthly active devices for Windows 10. Microsoft (MSFT Quick Quote MSFT - Free Report) reported first-quarter fiscal 2021 non-GAAP earnings of $1.82 per share, which beat the Zacks … Microsoft appears to be bullish about demand for the Xbox Series X and S consoles. Surface continues to bring in $1 billion each quarter. Net Revenue 4.2. Microsoft shares fell nearly 2% in after hours trading Tuesday night. Data is a real-time snapshot *Data is delayed at least 15 minutes. The consoles complement Microsoft’s xCloud game streaming service that launched last month, and the company’s ongoing efforts with Xbox Game Pass. Microsoft gets a pandemic boost thanks to Surface, Xbox, and cloud services, Super Bowl 2021 won’t stream in 4K, but these TV deals are still worth it, Here are the best AirPods deals you can get right now, Razer’s DeathAdder V2 Pro wireless gaming mouse just got its first big price cut, Plus, grab a new pair of AirPods Pro for $205 at Woot, Grab an unlocked Google Pixel 3 XL for $300 at B&H Photo, A good price if you want a phone with a good camera, Vizio’s 65-inch P-Series Quantum X 4K TV is over $400 off, This HDMI 2.1-equipped model should be great for PS5, PC, and Xbox Series X gaming, Sign up for the Microsoft last announced its earnings data on October 27th, 2020. Microsoft scooped up revenue of $33.1 billion and net income of $10.7 billion during Q1 2020, a very respectable 14 percent year on year increase for revenue and a … We want to hear from you. That’s a jump of 27 percent year-over-year, and likely thanks to Microsoft’s renewed focus on consumers with Microsoft 365 and Microsoft Teams earlier this year. ET on Zacks.com This S&P 500 ETF Stock Is Way Less Reliable Than You Know Microsoft sinks despite earnings, revenue beat. Microsoft’s Surface, Xbox, and cloud divisions have helped the company boost its revenue and profits for Q1 2021. That’s a big increase for a quarter that hasn’t seen any new Surface devices introduced. Operating and Net Margins Microsoft revealed it has 15 million Xbox Game Pass subscribers last month, but the company hasn’t provided any fresh numbers today. Commercial Windows revenue from device makers rose 19% ahead of the end of support for Windows 7, which comes in January 2020. Microsoft’s public cloud service by grew 48 per cent. "We see a large diversified business with excellent visibility that has a clear line of sight into double-digit rev growth for the foreseeable future," they wrote in a note to clients. Michael Wiggins De Oliveira. Greetings, and … It’s likely that students and families are driving this growth during the pandemic, turning to PCs to help support remote learning. Azure's 48% revenue growth rate during the quarter is down from 59% during the same period in the prior year. The FactSet consensus estimate was $10.88 million. Revenue is up 12 percent, and net income has increased by 30 percent. Last quarter, Microsoft reported revenue to $38.0 billion and a fall in earnings per share to $1.46. This jump in usage hasn’t resulted in increased Windows OEM revenue during this quarter, though. Mark Vickery October 27, 2020. Commercial revenue from services and device makers was more than Microsoft had expected, Hood said. Microsoft provided the following segment guidance for Q1 2020 fiscal year: In Productivity and Business Processes, we expect revenue between $10.7 and $10.9 billion driven by double digit growth in Office commercial, Dynamics, and LinkedIn. What games are you most looking forward to play releasing in Q1 2020? Investors will watch how well Microsoft is continuing to weather the pandemic-induced economic slowdown when it reports earnings for Q1 FY 2021 on October 27 after the market close. All Rights Reserved. I have an ever growing back-log, so I'm being conservative with the additions! Operating income of $15.9bn: A big jump of 25 per cent year over year. Microsoft posted the first quarter of its 2020 financial results today, reporting revenue of $33.1 billion and a net income of $10.7 billion. Microsoft is now gearing up to launch its next-gen Xbox Series X and Series S consoles on November 10th. Microsoft Q4 Fiscal 2020 Earnings Retrospection. The more personal computing bucket includes Surface, Xbox, and Windows, and Microsoft says gaming and Surface drove its revenue growth of 6 percent for this quarter. The middle of the range, $35.55 billion, was below the $36.02 billion Refinitiv consensus estimate. Microsoft CEO Satya Nadella said at the beginning of this pandemic that the company had witnessed “two years’ worth of digital transformation in two months.” That transformation appears to be continuing for many businesses, students, and consumers. The Azure public cloud business delivered 59% revenue growth, which is down from the 64% growth one quarter earlier. Both Office commercial and consumer are up, with Office 365 Commercial revenue growth up by 21 percent. Microsoft reported its Q1 2020 earnings on Wednesday, beating analysts’ expectations on the top and bottom line.Here are the most important numbers from … Office 365 commercial seat growth slowed to 21% on an annualized basis as Microsoft crossed 200 million Office 365 commercial monthly active users. Last week we updated the Features Timeline to provide visibility to several of our key investments for this quarter. Microsoft shares fell nearly 2% in after hours trading Tuesday night. Surface revenue was down four percent compared to Q1 2019. Bleeding Edge - 24-Mar-2020. Azure drove the intelligent cloud revenue growth, and Office 365 and LinkedIn helped the productivity and business processes bucket. Contributor. Our global health response team is acting to help protect our employees in accordance with global health authorities’ guidance. Bleeding Edge - 24-Mar-2020. Microsoft last announced its earnings data on October 27th, 2020. Microsoft (NASDAQ:MSFT) Earnings Information. Oct. 28, 2020 4:33 AM ET Microsoft Corporation (MSFT) 16 Comments 45 Likes. Microsoft Q1 2021 earnings beat analyst expectations on continued cloud strength. Microsoft Q1 Fiscal 2021 Earnings Analysis . Net income of $13.9bn: Up a whopping 30 per cent from this time last year. I'm most looking forward to: DBZ Kakarot - 17-Jan-2020. Meanwhile, Microsoft's EPS was up 32% y/y in Q1 2021. ET. Azure's 48% revenue growth rate during the quarter is down from 59% during the same period in the prior year. Microsoft shares are up about 35% since the beginning of the year. Search revenue has decreased by 10 percent, though. Microsoft today reported fiscal Q1 2020 earnings, including revenue of $33.1 billion, net income of $10.7 billion, and earnings per share of $1.38. Get this delivered to your inbox, and more info about our products and services. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. The Microsoft Surface foldable phone with a 9-inch foldable display is all set to be launched in Q1 2020. REDMOND, Wash. — Feb. 26, 2020 — As Microsoft closely monitors the impact of the COVID-19 health emergency, our top priority remains the health and safety of our employees, customers, partners, and communities. Server products and cloud services revenue has also increased 22 percent as more businesses rely on cloud services for remote working. In total, the company reported $38 billion in revenue. (RTTNews) - Microsoft Corporation (MSFT) reported a profit for its first quarter that climbed from last year.The company's earnings came in at … Analysts had expected that to happen. This Q1 2020 leaderboard reflects point values for cases that are: Submitted and assessed by the MSRC team between January 1, 2020 and March 31, 2020. Microsoft only just introduced a new Surface Laptop Go device and updated Surface Pro X earlier this month, but those will count to next quarter’s revenue. Following the second Security Researcher Quarterly Leaderboard and the 2020 MSRC Most Valuable Security Researchers criteria we published in February 2020, we are excited to announce the 2020 First Quarter (Q1) Security Researcher Leaderboard, listing our top contributing researchers for the last quarter.. 4.1. While the ongoing pandemic continues to force many to work remotely during an economic downturn, Microsoft is benefiting from the shift in the way people are now working, playing games more, and connecting to others through videoconferencing. Hood called for fiscal second quarter revenue of $35.15 billion to $35.95 billion. Microsoft reported a jump in Windows usage earlier this year after lockdowns throughout many parts of the world led to remote working for many. Cloud services are the biggest boost to Microsoft’s revenues from the pandemic shift in behavior. In the fiscal first quarter, Microsoft said LinkedIn would move to Azure, and announced the acquisitions of cloud migration company Movere, data security company BlueTalon and retail advertising company PromoteIQ. Follow @CNBCtech on Twitter for the latest tech industry news. Remote Working Wave to Drive Microsoft's (MSFT) Q1 Earnings. Microsoft cruises past expectations for fiscal Q1, revenue up 12% to $37.2B, profits up 30% by Taylor Soper on October 27, 2020 at 1:40 pm October 27, 2020 … Microsoft's Productivity and Business Processes unit, which contains Office, LinkedIn and Dynamics, delivered $11.08 billion in revenue. The Intelligent Cloud segment, which houses Azure along with Windows Server, SQL Server, System Center, GitHub and consulting, contributed $10.85 billion in revenue. Microsoft’s total revenue for the quarter stood at £25.6 ($33.1) billion up 14 percent y/y. Below is the complete blog post from Microsoft regarding the decision (not that the prices below are in USD): We messed up today and you were right to let us know. Worldwide, Microsoft employees […] Analysts at Evercore, which has the equivalent of a buy rating on Microsoft stock, said in a note distributed to clients on October 18 that they had been expecting 64% Azure growth in the fiscal first quarter. Eleanor Dickinson ... it notably dropped by the 59 per cent growth seen in Q1 2020. Microsoft Q1 2020 Revenue Credit: Tadas Sar via Unsplash. Microsoft said last month that it would stop disclosing gaming revenue in its earnings releases, and would instead start disclosing revenue growth from Xbox content and services, as the company has bolstered its gaming services, with more coming soon. This demand should drive “supply constrained hardware revenue growth of approximately 40 percent” next quarter. Microsoft Teams is a proprietary business communication platform developed by Microsoft, as part of the Microsoft 365 family of products. A number of consumers have turned to gaming and services like xCloud or Game Pass during the pandemic, and it’s clear there’s an increased demand for Microsoft’s gaming services. Microsoft released its quarterly earnings report for the first quarter of fiscal year 2020 earlier this week.