Microsoft reports $29.1 billion in Q1 2019 revenue: Azure up 76%, Surface up 14%, and Windows up 3%

Microsoft today reported earnings for its first fiscal quarter of 2019, including revenue of $29.1 billion, net income of $8.8 billion, and earnings per share of $1.14 (compared to revenue of $24.5 billion, net income of $6.6 billion, and earnings per share of $0.84 in Q1 2018). All three of the company’s operating groups saw double-digit year-over-year growth.

Analysts had expected Microsoft to earn $27.9 billion in revenue and earnings per share of $0.96. The company thus easily beat expectations. The company’s stock was down 5.35 percent in regular trading, but up more than 3 percent in after-hours trading. Microsoft said it returned $6.1 billion to shareholders in the form of share repurchases and dividends during the quarter.