· Revenue was $38.0 billion and increased 13%
· Operating income was $13.4 billion and increased 8%
· Net income was $11.2 billion and decreased 15% GAAP (up 5% non-GAAP)
· Diluted earnings per share was $1.46 and decreased 15% GAAP (up 7% non-GAAP)
“The last five months have made it clear that tech intensity is the key to business resilience. Organizations that build their own digital capability will recover faster and emerge from this crisis stronger,” said Satya Nadella, chief executive officer of Microsoft. “We are the only company with an integrated, modern technology stack – powered by cloud and AI and underpinned by security and compliance – to help every organization transform and reimagine how they meet customer needs.”
“Our commercial cloud surpassed $50 billion in annual revenue for the first time this year. And this quarter our Commercial bookings were better than expected, growing 12% year-over-year,” said Amy Hood, executive vice president and chief financial officer of Microsoft. “As we drive growth across the company, we remain committed to investing in long-term strategic opportunities.”
