Wall Street Breakfast Podcast: Snap Soars On Surprise Profit Beat, Strong Revenue Forecast [Seeking Alpha]
Microsoft Corporation (MSFT)
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Source: Seeking Alpha
Alphabet beats expectations, driven by strong performance at YouTube. Microsoft's fiscal third-quarter results exceed expectations, with growth in Azure revenue and a rise in sales. Listen below or on the go on Apple Podcasts and Spotify Snap sees up to 18% revenue growth in current quarter, stock rockets. (00:24) Alphabet ( GOOG GOOGL ) jumps as YouTube, search drive easy revenue beat. (01:55) Microsoft ( MSFT ) jumps as Azure continues strong growth, aided by AI. (03:21) This is an abridged transcript of the podcast. Snap (NYSE: SNAP ) is up 25% premarket after delivering a surprise quarterly profit beat and projected current quarter revenue above expectations. Snap ( SNAP reported Q1 adjusted profit per share of 3 cents on revenue of $1.19B. Analysts had been expecting an adjusted loss per share of 5 cents on revenue of $1.12B. It is worth noting that Snap ( SNAP ) is facing a favorable comparison to Q1 2023, in which the company had announced its first-ever quarterly de
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