Microsoft (MSFT) Q3 2016 Results - Earnings Call Transcript

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Microsoft Corp. (NASDAQ:MSFT) Q3 2016 Earnings Call April 21, 2016 5:30 PM ET


Chris Suh - Microsoft Corp.

Satya Nadella - Microsoft Corp.

Amy E. Hood - Microsoft Corp.


Brent Thill - UBS Securities LLC

Philip Alan Winslow - Credit Suisse Securities (USA) LLC (Broker)

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

Heather Bellini - Goldman Sachs & Co.

Keith Eric Weiss - Morgan Stanley & Co. LLC

Karl E. Keirstead - Deutsche Bank Securities, Inc.

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

Ross MacMillan - RBC Capital Markets LLC

Kash Rangan - Bank of America Merrill Lynch

Mark R. Murphy - JPMorgan Securities LLC

Stewart Kirk Materne III - Evercore ISI


Welcome to Microsoft's Third Quarter Fiscal Year 2016 Earnings Call. As a reminder, this conference is being recorded. I would 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 thank you for joining us today. On the call with me today are Satya Nadella, Chief Executive Officer; Amy Hood, Chief Financial Officer; Frank Brod, Chief Accounting Officer; and John Seethoff, Deputy General Counsel and Corporate Secretary. On our website,, you could find are 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.

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

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