Microsoft smashes earnings expectations with strong cloud performance

Microsoft (MSFT) reported its fiscal Q1 2022 earnings after the closing bell on Tuesday, easily beating analysts’ expectations on the top and bottom line, with cloud revenue up 36% year-over-year. The stock was flat on the news.

Here are the most important numbers from the report compared with what analysts were expecting, as compiled by Bloomberg.

  • Revenue: $45.3 billion versus $43.93 billion expected

  • Earnings per share: $2.71 versus $2.07 expected

  • Intelligent Cloud: $16.98 versus $16.58 billion…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *