Microsoft beats Q2 estimates on rising profits

Microsoft reported on Thursday that 2014 fiscal second quarter profits rose 3 percent based on revenue growth in both the Devices and Consumer, as well as Commercial lines.

The company reported a profit of $6.56 billion, or 78 cents per share, compared with $6.38 billion, or 76 cents per share, in the year-ago quarter. Revenue was $24.52 billion for the quarter, up 14% year over year in GAAP terms.  

Earnings per share beat Wall Street's average estimate of 68 cents, according to Thomson Reuters.

Microsoft Q2 FY14 Commercial Segment performance
 From Microsoft's earnings call slides

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Prior to co-founding MSDynamicsWorld.com, Jason was a Principal Software Consultant at Parametric Technology Corporation (PTC), where he implemented solutions, trained customers, managed software development, and spent some time in the pre-sales engineering organization. Jason has also held consulting positions at CSC Consulting and Monitor Group.

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