Sales and Eps Grew in Double Digits

Company reported double digit Sales and earnings growth in the first quarter 2019. Sales were at $33.06 billions up by 13.65 % year on year and decreased by -1.96 % quarter on quarter, while earnings were up by 21.05 % to $1.38, sequentially profits fell by -19.06 %.


Only one section improved Intelligent Cloud +7.62%, while following segments recorded decrease in revenues Productivity Business Processes -2.84%, More Personal Computing -16.51%.
Intelligent Cloud segment with 13.96% is solely responsible for the income gain, Microsoft Corporation continued, while company logged declining profits in Productivity Processes -6.98%, More Personal Computing -3.52%. Earnings grew 21.01 % to $10,678 millions for the first quarter 2019, compare to income of $8,824 millions achieved a year before. Microsoft Corporation also emphasized it's improving profit margins, where net margin rose to 32.3% in first quarter 2019, and operating margin edged up to 38.38%.


Microsoft Corporation is expected to report next financial results on April 21, 2020.