Friday, April 24, 2015

Microsoft: profit down, but sales in the “cloud … – Boursorama

The group of Redmond said its operating profit declined by 5.8% & amp; agrav

The group of Redmond (north-western United States) said its operating profit declined by 5 , 8%, to 6.59 billion in the third quarter of fiscal offset (AFP / File / Johannes Eisele)

The Microsoft IT Group generated in the third quarter of fiscal year offset a net profit of 4.98 billion, down 12%, but sales in dematerialized activities online (“cloud”) is gone.

The number of total revenue reached 21.72 billion dollars (+ 6.5% yoy), exceeding the expectations of analysts who had expected 21.06 billion dollars.

According to published results Thursday after the close of Wall Street, earnings per share were $ 0.61, also higher than the average expectations were $ 0.51. It was $ 0.68 for the same period last year.

The group of Redmond (north-western United States) said its operating profit declined by 5.8% 6.59 billion dollars, noting that the rising dollar had a “significant impact” on its results.

At constant exchange rates, the increase in sales would have been 9% and the decline earnings per share by 7% instead of 10.3%.

Microsoft Action progressed from 4.36% to 45.23 dollars in electronic trading after-session to 10:15 p.m. GMT.

The most important thing for Microsoft is soaring income online cloud services (Cloud) which jumped 106% (111% at constant currencies).

The group setting many in this sector at the initiative of its CEO Satya Nadella. Annualized turnover for this division is now in the order of $ 6.3 billion, the company said in its earnings release.

“The pace in cloud activity is remarkable “said Mr. Nadella during a conference call with analysts.

” The revenues for our business in the cloud more than doubled in the quarter and more than half of the contracts signed on the quarter include cloud services, “added Amy Hood CFO.

” Microsoft has reported good results that exceeded expectations for most of the data and show a good performance and strength relative to the cloud, “said Barclays Bank in a note.

Microsoft said it had registered its quarterly financial year for $ 190 million in restructuring charges and integration of Nokia’s activities in the mobile telephony, whose acquisition was completed in April 2014.

By business segments, the equipment and consumer products division saw its revenues increase by 8% (11% at constant exchange rates) to 9 billion, including $ 1.4 billion for mobile phones with 8.6 million Nokia Lumia sold in the quarter.

The sales of the tablet “Surface” for their part, rose by 44% 713 million even if they are down compared to the previous quarter when they had exceeded one billion dollars for the first time.

The professional products rose 5% (7% in currency constants) to $ 12.8 billion.

The group said that sales were higher than expected in the United States but in line with expectations in China, Russia and Japan.

In the first nine months of the year, revenue was up 12.5% ​​to $ 71.4 billion but net profit down 12% to 15.388 billion dollars.

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