Microsoft earnings are out – here are the numbers

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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.

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.

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.

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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

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