Microsoft revenue hits $9.1B in Q1
The company saw server software revenue rise by 19%
Computerworld - Microsoft Corp. today posted its first-quarter 2005 financial results, reporting revenue of $9.19 billion and net income of $2.9 billion. That net income figure was up 11% over the $2.6 billion in net income from the same quarter a year ago.
The figures exceeded the company's own guidance issued in July, when it estimated that its earnings would be between $8.9 billion and $9 billion for the quarter, which ended Sept. 30.
The $9.19 billion in revenue represented a 12% increase over the $8.22 billion posted during the same period one year ago. Basic and diluted earnings per share were 27 cents each, 2 cents per share higher than the company had forecast. That was 3 cents per share higher than earnings per share during the same quarter one year earlier.
"We've had a strong beginning to what we expect will be a very good year, with continued growth in both our commercial and consumer businesses," Microsoft Chief Financial Officer John Connors said in a statement. "This quarter, we had a very healthy commercial server and desktop business driving double-digit revenue growth, and we expect to continue the trend of growing revenue faster than expenses as we work to make each of our businesses more efficient and profitable."
Revenue from Windows and other client software totalled $2.99 billion for the period, up 6.5% from the $2.8 billion recorded one year earlier.
Revenue grew by 18.8% in the company's server software and tools division, which booked $2.24 billion in revenue, compared to $1.88 billion a year earlier. The company's MSN online services division saw revenue rise by 10%, to $540 million from $491 million one year earlier.
The first-quarter figures were off slightly from the company's fourth-quarter 2004 results of $9.29 billion (see story). For the full 2004 fiscal year that ended June 30, Microsoft reported revenue totaling $36.8 billion.
For the second fiscal quarter, which ends Dec. 31, the company estimated revenue will be between $10.3 billion and $10.5 billion, with diluted earnings per share expected to be 28 cents, including stock-based compensation expense.
For the full 2005 fiscal year, which ends next June 30, the company said it expects revenue to be between $38.9 billion and $39.2 billion, with diluted earnings per share between $1.07 and $1.09, including stock-based compensation expenses.
Read more about in Computerworld's Topic Center.
- Gartner MarketScope for Group Video Systems The Gartner "MarketScope for Group Video Systems" evaluates 7 group video system vendors based on 6 customer-focused criteria such as customer experience, market...
- The Role of the User Experience in Video Conferencing While video conferencing can offer significant benefits to companies and their employees, all video conferencing solutions are not alike. To ensure successful deployment...
- Video is the New Document: Four Things You Can't Miss Download this research summary to find out the 4 reasons why video is quickly replacing print media and see how this can fit...
- How Four Citrix Customers Solved the Enterprise Mobility Challenge Managing mobile devices, data and all types of apps-Windows, datacenter, web and native mobile- through a single solution.
- Live Webcast Security Vulnerabilities Associated With Having Local Administrator Privileges Viewfinity will demonstrate how removing admin rights and granularly managing privileges at the application level reduces the attack surface.
- Live Webcast IBM FlashSystem V840: Leveraging Software-Defined Flash to Drive Your Business With end-to-end, tightly integrated functionality and super-fast flash technology, products like IBM FlashSystem V840 Enterprise Performance Solution empower businesses to leverage the efficiency...
- Keep Servers Up and Running and Attackers in the Dark An SSL/TLS handshake requires at least 10 times more processing power on a server than on the client. SSL renegotiation attacks can readily...
- On Demand: Mastering the Art of Mobile Content Management Mobile device usage in the enterprise has skyrocketed, and it continues to escalate. IT must answer to users who demand access to their...