Microsoft has a strong third quarter
Microsoft’s had a great fiscal third quarter.
Their growth was powered by the software company’s enterprise line-up — SQL Server, System Center and products like Lync and Dynamics CRM.
The company reported third-quarter earnings of $5.11 billion, or 60 cents a share, on revenue of $17.41 billion.
Wall Street was expecting earnings of 57 cents a share on revenue of $17.18 billion.
Overall, the quarter played out about the way analysts projected–Microsoft’s business tools carried the quarter. Microsoft’s server and tools unit saw revenue jump 14 percent from a year ago to $4.57 billion. SQL Server revenue was up double digits and System Center sales surged 20 percent. Operating income for the servers and tools unit was $1.74 billion.
Here’s a snapshot of Microsoft’s units and the profit and loss statements: