Microsoft Q1 2015 results: Record revenue, including 128% gain in Commercial cloud
Microsoft reported of a 13% dip in its 2015 fiscal year first quarter earnings compared to the previous year. But the $0.54 per share beat analyst expectations by $0.05. Revenue for the quarter was $23.2 billion, up 25% from the same time last year, which also beat expectations by $1.18 billion.
Microsoft FY2015 Q1 Commercial performance
Commercial revenue, which includes Microsoft Business Solutions, was up 10% to $12.28 billion. Gross margin grew 9% to $9.91 billion, "benefitting from increased scale and engineering efficiencies in cloud services," according to the earnings presentation.