Microsoft Q1 Revenue $23.201 Billion, Up 25pct

[engine]

I pulled out the comments regarding Bing, as it's not detailed in the figures from the release, but covered in the Earnings Call.

REDMOND, Wash. — October 23, 2014 — Microsoft Corp. today announced revenue of $23.20 billion for the quarter ended September 30, 2014. Gross margin, operating income and diluted earnings per share (“EPS”) for the quarter were $14.93 billion, $5.84 billion and $0.54 per share, respectively.

These financial results include $1.14 billion of integration and restructuring expenses, or an $0.11 per share negative impact, related to both Microsoft’s restructuring plan announced in July 2014 and the ongoing integration of the Nokia Devices and Services (“NDS”) business.Microsoft Q1 Revenue $23.201 Billion, Up 25pct [microsoft.com]

. In Bing revenue was driven by both volume and rate growth. We again delivered double-digit monetization gains, driven by investments in core relevance and ranking algorithms. These improvements keep us on the path to Bing profitability in Fiscal '16. And consistent with prior quarters, display revenue remained under pressure.