Microsoft revenue beats all expectations

According to Refinitiv, in the first quarter of 2022, Microsoft achieved earnings of $2.22 per share, up $0.03 from analysts’ expectations. Microsoft’s total revenue reached $ 49.36 billion, exceeding the $ 49.05 billion expected by analysts.

Microsoft’s total sales and marketing expenses totaled $5.6 billion, 10% higher than the previous quarter and the fastest growth in more than three years.

Service segment smart cloud of the company, including the Azure public cloud for hosting applications, along with SQL Server, Windows Server, and enterprise services, generated $19.05 billion in revenue. That number is up 26% and is well above the $18.90 billion that analysts predicted in a poll conducted by StreetAccount.

Microsoft’s software segment, which includes Office, LinkedIn and Dynamics software, posted revenue of $15.79 billion for the quarter, up about 17% and slightly more than StreetAccount’s estimate of $15.75 billion. Microsoft raised the price of some Office 365 software subscriptions during the quarter.

The personal computer and operating systems segment, which includes Windows, Xbox, search advertising, and Surface, posted revenue of $14.52 billion, up 11% and above StreetAccount’s $14.27 billion consensus .

Microsoft says revenue from selling Windows licenses to PC makers grew 11% in the quarter. Microsoft had forecast single-digit growth in January. Research firm Gartner estimates PC shipments fell 6.8% this quarter, marking the steepest decline since the first quarter of 2020. .

This quarter, Microsoft announced plans to acquire video game publisher Activision Blizzard for $68.7 billion, the largest transaction in Microsoft’s 47-year history. Microsoft also completed the acquisition of Nuance Communications and launched a strategy to expand into healthcare, an industry that Nuance focuses on.

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