Microsoft Corp. (MSFT) CEO Satya Nadella on Q1 2020 Results - Earnings Call Transcript

Oct. 23, 2019 10:19 PM ETMicrosoft Corporation (MSFT)3 Comments
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Microsoft Corp. (NASDAQ:MSFT) Q1 2020 Results Conference Call October 23, 2019 5:30 PM ET

Company Participants

Mike Spencer - General Manager, IR

Satya Nadella - CEO

Amy Hood - CFO

Conference Call Participants

Keith Weiss - Morgan Stanley

Heather Bellini - Goldman Sachs

Karl Keirstead - Deutsche Bank

Mark Moerdler - Bernstein Research

Brent Thill - Jefferies

Phil Winslow - Wells Fargo

Jennifer Lowe - UBS

Raimo Lenschow - Barclays


Welcome to the Microsoft Fiscal Year 2020 First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would like to turn the call over to Mike Spencer, General Manager of Investor Relations. Thank you. Please proceed.

Mike Spencer

Good afternoon. Thank you 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 Keith Dolliver, Deputy General Counsel.

On the Microsoft Investor Relations website, 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 provides a reconciliation of differences between GAAP and non-GAAP financial measures.

All growth comparisons we make on the call today relate to the corresponding period of last year unless otherwise noted. We will also provide growth rates in constant currency, when available, as a framework for assessing how our underlying businesses performed, excluding the effect of foreign currency rate fluctuations. Where growth rates are the same in constant currency, we will refer to growth rate only.

We will post our prepared remarks to our website immediately following the call until the complete transcript is available. Today’s call is being webcast live and

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