A Microsoft logo is seen on an office building in New York City, July 28, 2015.

Microsoft reports $30.6 billion in Q3 2019 revenue: Azure up 73%, Surface up 21%, and LinkedIn up 27%

Microsoft today reported earnings for its third fiscal quarter of 2019, including revenue of $30.6 billion, net income of $8.8 billion, and earnings per share of $1.14 (compared to revenue of $26.8 billion, net income of $7.4 billion, and earnings per share of $0.95 in Q3 2018). All three of the company’s operating groups saw year-over-year growth.

Analysts had expected Microsoft to earn $29.8 billion in revenue and report earnings per share of $1.00. The company thus easily beat expectations. The company’s stock was down 0.34% in regular trading, but up some 3% in after-hours trading. Microsoft said it returned $7.4 billion billion to shareholders in the form of share repurchases and dividends during the quarter.

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