3 ms·

Earnings Release FY15 Q4

37 points by mstolpm 11y ago

mstolpm 11y ago
Revenues for the quarter ended June 30, 2015 were $22.2 billion. Gross margin, operating loss, and loss per share for the quarter were $14.7 billion, $(2.1) billion, and $(0.40) per share. Surface and commercial Cloud Revenues up, $7.5 billion non-cash impairment charge related to assets associated with the acquisition of the Nokia Devices and Services (NDS) business, in addition to a restructuring charge of $780 million.
- kstrauser 11y ago
  Interesting (to me) was that revenues for the same quarter in 2014 were $23.4 billion, or 5% higher. I don't follow MSFT that closely - read: almost not at all - but isn't it unusual for their revenues to fall?
  - Elepsis 11y ago
    At least to date, OS and Office revenue is somewhat dependent on those products' ship cycles. A recently released new version (or the end of support for an old version) generally drives upgrades which mean revenue fluctuates up and down not just on a seasonal basis but over a longer timeframe.
deleted 11y ago
[deleted]
asyncwords 11y ago
It's interesting that Lumia sales are up by more than 10%, but revenue through phone sales decreased by 38%. That was primarily caused by Microsoft's refusal to sell any flagship Windows Phones after they purchased Nokia. I was personally affected by that decision — after my Lumia 1520 broke, I had to reluctantly upgrade to an LG G4 because there are no flagship Windows Phones for sale anymore.
- quanpod 11y ago
  I believe they covered this - and is somewhat related to your flagship comment. They sold more of the cheaper Lumia variants (targeted at other markets than the US/your part of the world)
edutechnion 11y ago
Lowlight: Windows OEM rev down 22% year over year Highlight: cloud rev (Office 365 + Azure) up 88% year over year
- tacos 11y ago
  Highlight that jumped out at me? One million consumers (!) a month signing up for Office 365.
  - trentnelson 11y ago
    Honestly, Office 365 is fantastic. I have nothing but absolutely good things to say about it.
randomname2 11y ago
Beat bottom, missed top line... *MICROSOFT 4Q ADJ. EPS 62C, EST. 58C *MICROSOFT 4Q UNEARNED REV. $25.32B, EST. $25.96B
bkjelden 11y ago
Interesting that MSFT is down ~4% after hours. The Nokia write-off had already been announced...
anderspetersson 11y ago
"Commercial cloud revenue grew 88% (up 96% in constant currency) driven by Office 365, Azure and Dynamics CRM Online and is now on an annualized revenue run rate of over $8 billion" This is really interesting. This recurring revenue should be growing every month. It's still only > 10% of total revenue, but I think MSFT SaaS business will be really big within a year or two. I'm considering buying some stock.
- trentnelson 11y ago
  And Windows 10 + Surface Pro 4 won't hurt either. (I've never been so excited for a product that doesn't publicly exist yet.)

37 points by mstolpm 11y ago

Revenues for the quarter ended June 30, 2015 were $22.2 billion. Gross margin, operating loss, and loss per share for the quarter were $14.7 billion, $(2.1) billion, and $(0.40) per share. Surface and commercial Cloud Revenues up, $7.5 billion non-cash impairment charge related to assets associated with the acquisition of the Nokia Devices and Services (NDS) business, in addition to a restructuring charge of $780 million.

kstrauser 11y ago
Interesting (to me) was that revenues for the same quarter in 2014 were $23.4 billion, or 5% higher. I don't follow MSFT that closely - read: almost not at all - but isn't it unusual for their revenues to fall?
- Elepsis 11y ago
  At least to date, OS and Office revenue is somewhat dependent on those products' ship cycles. A recently released new version (or the end of support for an old version) generally drives upgrades which mean revenue fluctuates up and down not just on a seasonal basis but over a longer timeframe.

deleted 11y ago

[deleted]

asyncwords 11y ago

It's interesting that Lumia sales are up by more than 10%, but revenue through phone sales decreased by 38%. That was primarily caused by Microsoft's refusal to sell any flagship Windows Phones after they purchased Nokia. I was personally affected by that decision — after my Lumia 1520 broke, I had to reluctantly upgrade to an LG G4 because there are no flagship Windows Phones for sale anymore.

quanpod 11y ago
I believe they covered this - and is somewhat related to your flagship comment. They sold more of the cheaper Lumia variants (targeted at other markets than the US/your part of the world)

edutechnion 11y ago

Lowlight: Windows OEM rev down 22% year over year Highlight: cloud rev (Office 365 + Azure) up 88% year over year

tacos 11y ago
Highlight that jumped out at me? One million consumers (!) a month signing up for Office 365.
- trentnelson 11y ago
  Honestly, Office 365 is fantastic. I have nothing but absolutely good things to say about it.

randomname2 11y ago

Beat bottom, missed top line... *MICROSOFT 4Q ADJ. EPS 62C, EST. 58C *MICROSOFT 4Q UNEARNED REV. $25.32B, EST. $25.96B

bkjelden 11y ago

Interesting that MSFT is down ~4% after hours. The Nokia write-off had already been announced...

anderspetersson 11y ago

"Commercial cloud revenue grew 88% (up 96% in constant currency) driven by Office 365, Azure and Dynamics CRM Online and is now on an annualized revenue run rate of over $8 billion" This is really interesting. This recurring revenue should be growing every month. It's still only > 10% of total revenue, but I think MSFT SaaS business will be really big within a year or two. I'm considering buying some stock.

trentnelson 11y ago
And Windows 10 + Surface Pro 4 won't hurt either. (I've never been so excited for a product that doesn't publicly exist yet.)