Microsoft earnings are out – here are the numbers

Sharing is Caring!

by juaggo_

Microsoft reported earnings after the bell. Here are the results.

Earnings: $2.48 vs $2.31 per share, adjusted, as expected by analysts, according to Refinitiv.

Revenue: $51.73 billion vs $50.88 billion as expected by analysts, according to Refinitiv.

We are primarily funded by readers. Please subscribe and donate to support us!

After two consecutive quarters of revenue growth of over 20%, analysts expect a slowdown to 18% in the fiscal second quarter. That would bring the company back in line with its performance over the prior two and a half years.

See also  MICHAEL MAHARREY: The Inflation Picture Is Even Worse Than Government Numbers Suggest

Microsoft’s Intelligent Cloud segment, which contains the Azure public cloud, GitHub and server products such as Windows Server, generated $18.33 billion in revenue. That works out to 25.5% growth, and it’s a bit more than the $18.30 billion consensus among analysts surveyed by StreetAccount.

See also  Why PayPal tanked on good earnings [DD Analysis or whatever]

Revenue from Azure and other cloud services grew 46%. The expectation was 46%, according to a CNBC survey of 15 analysts, while analysts polled by StreetAccount had been looking for 45.3% Azure growth.

Credit to CNBC: www.cnbc.com/2022/01/25/microsoft-msft-earnings-q2-2022.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.