Microsoft earnings beat expectations, cloud growth continues to slow

Microsoft earnings beat expectations, cloud growth continues to slow

Microsoft (MSFT) announced its Q2 earnings after the bell on Tuesday, barely missing analysts’ expectations on revenue and beating on earnings per share.

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

  • Revenue: $52.7 billion vs. $52.9 billion expected

  • Adjusted EPS: $2.32 vs. $2.30 expected

  • Productivity and Business processes: $17 billion vs. $16.8 billion expected

  • Intelligent Cloud: $21.5 billion vs. $21.4…


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Your email address will not be published.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 *