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Home » Microsoft’s (MSFT) CEO Satya Nadella on Q4 2014 Results – Earnings Call Transcript

Microsoft’s (MSFT) CEO Satya Nadella on Q4 2014 Results – Earnings Call Transcript

Source: Seeking Alpha

 

Microsoft Corporation (NASDAQ:MSFT)

Q4 2014 Earnings Conference Call

July 22, 2014 5:30 PM ET

Executives

Chris Suh – General Manager, IR

Amy Hood – EVP and CFO

Satya Nadella – CEO

Analysts

Mark Moerdler – Sanford Bernstein

Brent Thill – UBS

Keith Weiss – Morgan Stanley

Phil Winslow – Credit Suisse

Rick Sherlund – Nomura

Walter Pritchard – Citigroup

Heather Bellini – Goldman Sachs

Ed Maguire – CLSA

Karl Keirstead – Deutsche Bank

Jim Moore – FBR Capital

Brad Reback – Stifel

Operator

Greetings and welcome to Microsoft’s Fourth Quarter Fiscal Year 2014 Earnings. 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 now like to turn the conference over to your host, Chris Suh, General Manager, Investor Relations for Microsoft. Thank you, Chris. You may begin.

Chris Suh

Thank you, Roya. Good afternoon and 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 John Seethoff, Deputy General Counsel.

On our website, microsoft.com/investor, we have posted a slide deck which provides summary of our financial results, a reconciliation of differences between GAAP and non-GAAP financial measures and the table of noted items to aid in understanding our results this quarter. Additionally, the slide deck contains detailed information regarding the impact of the Nokia devices and services acquisition on our financial results. Our press release is also on the website and includes an addendum with additional information about our fourth quarter performance.

Microsoft is reporting the financial performance and acquired Nokia devices and services business in a new segment called Phone Hardware. Additionally, the devices and consumer hardware segment was renamed the Computing and Gaming Hardware. The products included in this renamed segment remain the same.

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