Microsoft Reports Q2 Non-GAAP EPS $1.10, Consensus $1.09

Office Commercial products and cloud services revenue increased 11%, driven by Office 365 Commercial revenue growth of 34%.

Reports Q2 revenue $32.5B, consensus $32.5B. "Our strong commercial cloud results reflect our deep and growing partnerships with leading companies in every industry including retail, financial services, and healthcare", said Satya Nadella, CEO of Microsoft. "We are delivering differentiated value across the cloud and edge as we work to earn customer trust every day."

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Office Commercial products and cloud services revenue increased 11%, driven by Office 365 Commercial revenue growth of 34%. Office Consumer products and cloud services revenue increased 1% with growth in Office 365 Consumer subscribers to 33.3M. LinkedIn revenue increased 29% with "record levels of engagement highlighted by LinkedIn sessions growth of 30%."

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