Microsoft (MSFT) Q1 2016 Results - Earnings Call Transcript

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Microsoft Corp. (NASDAQ:MSFT) Q1 2016 Earnings Call October 22, 2015 5:30 PM ET

Executives

Chris Suh - Microsoft Corp.

Satya Nadella - Microsoft Corp.

Amy E. Hood - Microsoft Corp.

Analysts

Keith Eric Weiss - Morgan Stanley & Co. LLC

Mark L. Moerdler - Sanford C. Bernstein & Co. LLC

Philip A. Winslow - Credit Suisse Securities (USA) LLC (Broker)

Heather Anne Bellini - Goldman Sachs & Co.

Brent John Thill - UBS Securities LLC

Raimo Lenschow - Barclays Capital, Inc.

Karl E. Keirstead - Deutsche Bank Securities, Inc.

Walter H. Pritchard - Citigroup Global Markets, Inc. (Broker)

Mark R. Murphy - JPMorgan Securities LLC

Ross MacMillan - RBC Capital Markets LLC

Operator

Welcome to the First Quarter Fiscal Year 2016 Microsoft Corporation Earnings Conference Call. As a reminder this conference is being recorded. I would now like to turn the call over to Chris Suh, General Manager of Investor Relations. Chris, please proceed.

Chris Suh - Microsoft Corp.

Thank you. Good afternoon and thanks for joining us today. On the call with me are Satya Nadella, Chief Executive Officer; Amy Hood, Chief Financial Officer; Frank Brod, Chief Accounting Officer; and John Seethoff, Deputy General Counsel.

On our website, microsoft.com/investor, you can find our earnings press release and financial summary slide deck which is intended to supplement our prepared remarks during today's call and provide the reconciliation of differences between GAAP and non-GAAP financial measures. Our website also includes information related to our new financial reporting segments announced in September.

This is also the first quarter that reflects the revenue recognition accounting for Windows 10. As a reminder, we report Windows revenue prior to any accounting adjustment in our More Personal Computing segment. The corresponding revenue deferral for Windows 10 sales is then reported in corporate and other in our segment reporting.

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