Analysts were expecting earnings per share of $1.08 on revenue of $29.2 billion for the last quarter of Microsoft's fiscal year.
The Redmond tech company announced a revenue bump of more than 17 percent to $30.1 billion for its fourth quarter of the year, continuing its recent trend of beating Wall Street analyst expectations almost every period.
More Personal Computing continues to be the firm's biggest business, with $10.8 billion in revenues, up 17 percent year-over-year. Let's dive in and examine how each performed. The company said commercial cloud revenue grew 53% year-over-year while Azure revenue grew at 89% YoY clip.
Microsoft announced today that it earned a net income of $8.9 billion on revenues of $30.1 billion for the quarter ending June 30.
Results were just as impressive for the full fiscal year, which saw revenue hit a record-breaking $110.4 billion, up 14 percent from the $96.6 billion in FY2017.
"The strength of our results reflects accelerating innovation and the trust customers are placing in us to power their digital transformation", Nadella said.
The COO also added about the trail of recent acquisitions for the company and how they are looking to bridge the gap between mobile, PC, and console gaming. Analysts noted that AWS did enjoy a healthy head start but that Azure is enjoying faster growth rates at this point versus AWS.
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Productivity and Business Processes, the unit that includes Microsoft Office, was up 13% from the year-ago period, to $9.7 billion.
LinkedIn revenue increased 37 percent as usage soared, the earnings release indicated.
CFO Amy Hood emphasized, "Exceptional sales execution delivered double-digit revenue growth across all segments and strong progress against our strategic priorities, anchored by commercial cloud revenue". More Personal Computing is made up of the company's Windows, gaming and device offerings. Its market cap edged above $800 billion for the first time earlier this month.
Windows 10 is in the middle of its upgrade cycle and the slightly positive numbers show this.
Sales of Intelligent Cloud products - Azure and server software - rose 23% to $9.61-billion, above the $9.07-billion average estimate of four analysts polled by Bloomberg.
The Windows maker posted earnings of $1.14 per share on $30.1 billion of revenue. The Xbox One X no doubt had a part to play here. Search revenue was up 17 percent, with, as ever, the twin factors of increased revenue per search and increased search volume to thank.