Microsoft reported a better-than-expected second quarter the company grew its cloud footprint and delivered solid gains in Office 365 subscriptions and Dynamics CRM Online seats.
The software giant delivered second quarter earnings of $5 billion, or 62 cents a share, on revenue of $23.8 billon. Non-GAAP second quarter earnings of 78 cents a share on revenue of $25.7 billion, down 2 percent from a year ago.
Wall Street was looking for second quarter non-GAAP earnings of 71 cents a share on revenue of $25.26 billion.
Microsoft's quarter broke down like this:
Microsoft said Windows 10 is gaining business traction, but no one unit in the company stood out. Part of that so-so growth was due to the strong U.S. dollar.
Among the key points:
Here's a look at how Windows and Surface fared.
But the future of the company really revolves around the cloud. Here's how Microsoft's cloud business and its productivity units did.