Microsoft reports FY15 Q3 results, generated $21.7 billion in revenue
Microsoft has reported its earnings for its third fiscal quarter of 2015, for the time period ending on March 31. Overall, the company brought in a total of $21.7 billion in revenue. That's compared to $20.4 billion in revenue from the same period a year ago.
The results were impacted, according to Microsoft, by a one-time charge of $190 million of integration and restructuring expenses, which the company said was related to its restructuring plan announced in July 2014 that will cut down its work force by 18,000 people by the end of June 2015, along with the ongoing integration of Nokia's Devices and Services business.
Microsoft's Devices and Consumer division saw its revenue go up by 8% to $9 billion, but noted that Windows OEM Pro revenue went down by 19% and its Windows OEM non-Pro revenue went down by 26%. Revenues from its Commercial division went up 5% to $12.8 billion. Microsoft will hold a conference call with financial analysts to reveal more information on its latest results at 5:30 pm ET.
Source: Microsoft
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