Microsoft Third Quarter 2019 Financials

Microsoft Third Quarter 2019 Financials Show Gaming Growth

The Microsoft third quarter 2019 financials have been released, with details on revenue across gaming and the company as a whole. Microsoft made $30.6 billion in revenue for the quarter, while gaming accounted for $2.36 billion of the revenue total.

Here’s an overview for the Microsoft third quarter 2019 financials:
  • Revenue was $30.6 billion and increased 14%
  • Operating income was $10.3 billion and increased 25%
  • Net income was $8.8 billion and increased 19%
  • Diluted earnings per share was $1.14 and increased 20%

Gaming revenue saw an increase of 5%, while Xbox software and services grew by 12%. Xbox Live monthly users have increased to 63 million, over 59 million this time last year. Per analyst Daniel Ahmad, Xbox gaming revenue was responsible for $11.62 billion over the last year.

For information on Microsoft’s financials last quarter, you can check here.

Share this article: