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Microsoft 2Q18: Trump tax hit turns strong quarter into $6.3B loss

Taxes aside, revenue was up 12 percent, and operating income up 10 percent.
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Microsoft Reports Gains in Cloud-Computing Business

Technology : Tech -

Microsoft Corp. posted big fiscal second-quarter gains in its cloud-computing business. The company said it recorded a $13.8 billion charge related to changes to U.S. tax law that drove the company into a quarterly loss.

Microsoft reports $28.9 billion in Q2 2018 revenue: Azure up 98%, Surface up 1%, and Windows up 4%

Technology : Venture Beat

Microsoft today reported earnings for its second fiscal quarter of 2018, including revenue of $28.9 billion, net income of $7.5 billion, and earnings per share of $0.96 (compared to revenue of $26.1 billion, net income of $6.5 billi...

Microsoft’s Azure revenue nearly doubled year-over-year in its second quarter

Technology : TechCrunch: Enterprise

Microsoft posted a relatively good second quarter this year that continued the ongoing process of its growth into a major cloud entity, in addition to saying it would be taking a significant charge as part of changes to U.S. tax law...

Microsoft's cloud continues to grow as it chases Amazon

Technology : Washington Post: Tech

Cloud computing was a bright spot for Microsoft in a strong quarter affected by a one-time $13.8 billion hit from the new tax law.

Microsoft reports loss due to tax charge

Technology : Physorg: Technology news

Microsoft on Wednesday reported a hefty loss in the past quarter, as it set aside billions of dollars for taxes on profits it expects to bring back to the United States following passage of a major tax overhaul.


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