Microsoft Earns 54 Cents per Share

More Buy List earnings. After the bell, Microsoft ($MSFT) reported fiscal Q1 earnings of 54 cents per share. That topped expectations of 49 cents per share.

The results included the impact of restructuring related to deep cuts announced in July at its Nokia division.

Shares of Microsoft closed at $45.02 in regular trading Thursday, up about 1.4%. After hours, shares were trading up about 3% a $46.50.

“We delivered a strong start to the year, with continued cloud momentum and meaningful progress across our device businesses,” said Microsoft Chief Financial Officer Amy Hood, in a press release.

The consumer division, which includes, devices saw revenue growth of 47% to $10.96 billion, Microsoft said. Among highlights, Office 365 Home and Personal totaled more than 7 million, up more than 25% over the 4th quarter of 2014.

Commercial revenue grew 10% to $12.28 billion from a year ago.

The shares are up about 4% in the after-hours market.

Posted by on October 23rd, 2014 at 4:33 pm


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