Microsoft Reports “Better Than Expected Results” With FY2014 Q1 Revenue Totaling $18.53 Billion

microsoft logo 2012Using a new reporting framework, Microsoft released its FY2014 Q1 earnings today, with first-quarter revenue totaling $18.53 billion for the quarter ending September 30, 2013.

During today’s earnings call, executive vice president and CFO Amy Hood said Microsoft saw broad based revenue growth from a geographic perspective, with its PC market and consumer revenue performing better than expected. General manager of investor relations Chris Suh agreed, specifying Microsoft’s total revenue was $700 million higher than expected.

The company’s devices and consumer revenue sectors saw a 4 percent growth, reaching $7.46 billion, with Surface revenue climbing  to $400 million and search advertising revenue growing 47 percent. According to the earnings report, Windows Pro revenue continued to climb for the second consecutive quarter, while Windows OEM revenue dropped 7 percent.

Commercial revenue was up as well, reflecting a 10 percent increase to $11.2 billion. Microsoft says the collective growth for Lync, SharePoint and Exchange was in the double-digits, while its SQL Server Premium revenue increased by more than 30 percent.

With Microsoft’s commercial cloud revenue representing 103 percent growth, Suh confirmed Microsoft is, “Seeing strong customer adoption,” with its cloud products.

Hood stated that Microsoft is set up for a terrific holiday season and believes the release of Xbox One later this year will drive record-breaking revenue gains. MSFT FY2014 Q1 Income Statement

Related Topics: Channel: Industry | Microsoft | Top News

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About The Author: is Third Door Media's General Assignment Correspondent, and reports on the latest news and updates for Marketing Land and Search Engine Land. From 2009 to 2012, she was an award-winning syndicated columnist for a number of daily newspapers from New York to Texas. With more than ten years of marketing management experience, she has contributed to a variety of traditional and online publications, including MarketingProfs.com, SoftwareCEO.com, and Sales and Marketing Management Magazine. Read more of Amy's articles.

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