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Cloud and Artificial Intelligence Power Microsoft Earnings To Beat Forecasts

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Microsoft $MSFT smashed analysts expectations for its December quarter earnings report Wednesday after the close. Once again $MSFT Cloud earnings powered revenue. Microsoft's Azure cloud-computing segment continued to expand, posting strong gains in its business selling web-based services to corporate customers. Microsoft did not give March-quarter guidance in its earnings news release. Microsoft's Azure cloud computing platform growth has slowed down over the last few quarters but annually it's still showing near 100 percent annual growth.


Salesforce.com Inc (NYSE:CRM) - Salesforce.com Q1'16 Earnings Conference Call: Full Transcript

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Good day my name is Victoria and I will your conference operator. At this time I would like welcome everyone to the salesforce.com, All lines have been placed on mute to prevent any background noise. After the speakers' there will be question-and-answer session. If you would to ask a question during this time simply press star then the number one on your telephone keypad. If you would like to withdraw your question press the pound key. I would now like to turn the call over to John Cummings, Vice President of Investor Relations. Our first quarter results press release, SEC filings and the replay of today's call can be found on our IR website at www.Salesforce.com/inverstor. And with me today on the call is Marc Benioff, Chairman and CEO, Keith Block, Vice Chairman President and Mark Hawkins, CFO. As a reminder, our commentary today will primarily be in non-GAAP terms. Reconciliations between our GAAP and non-GAAP results and guidance can be found in our earnings press release. Also some of our comments today may also contain forward-looking statements, which are subject to risks, uncertainties and assumptions.


Microsoft (MSFT) Satya Nadella on Q3 2016 Results - Earnings Call Transcript

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Unless otherwise specified, we will refer to non-GAAP metrics on the call. The non-GAAP measures exclude the net impact from revenue deferrals and the impact of integration and restructuring charges. The non-GAAP financial measures provided should not be considered as a substitute for or superior to the measures of financial performance prepared in accordance with GAAP. They are included as additional clarifying items to aid investors in further understanding the company's third-quarter performance in addition to the impact that these items and events had on the financial results. All growth comparisons we make on the call relate to the corresponding period of last year unless otherwise noted.