Microsoft reports $32.5 billion in Q2 2019 revenue: Azure up 76%, Surface up 39%, and LinkedIn up 29%

Microsoft today reported earnings for its second fiscal quarter of 2019, including revenue of $32.5 billion, net income of $8.4 billion, and earnings per share of $1.08 (compared to revenue of $28.9 billion, net income of $7.5 billion, and earnings per share of $0.96 in Q2 2018). All three of the company’s operating groups saw year-over-year growth.

Analysts had expected Microsoft to earn $32.5 billion in revenue and report earnings per share of $1.09. The company thus barely met, but did not beat, expectations. The company’s stock was up 3 percent in regular trading, but down 3 percent in after-hours trading. Microsoft said it returned $9.6 billion to shareholders in the form of share repurchases and dividends during the quarter.