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Stockreport

Microsoft beats quarterly revenue estimates [Reuters]

Microsoft Corporation (MSFT)  More Company Research Source: Reuters
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Revenue rose 17% to $61.9 billion in the quarter ended March, compared with analysts' consensus estimate of $60.80 billion, according to LSEG data. Shares of the Redmond, Washington-based company gained 5% after the bell. The stock has soared on Microsoft shipping genAI tools based on its strategic partnership with ChatGPT creator OpenAI and also helped it capture the world's most valuable company crown from Apple Revenue from Microsoft's Intelligent Cloud unit, which houses the Azure cloud computing platform, rose to $26.7 billion, compared with analysts' average estimate of $26.24 billion, LSEG data showed. Azure revenue rose 31%, higher than a 29% growth estimate from market research firm Visible Alpha. Microsoft does not break out the absolute revenue figure for Azure, the part of its business best situated to capitalize on booming interest in artificial intelligence. The Copilot tool - a set of genAI assistants launched in November for $30 a month - along with a has li [Read more]
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Stockreport

Microsoft beats quarterly revenue estimates [Reuters]

Microsoft Corporation  (MSFT) 
More Company Research Source: Reuters
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Revenue rose 17% to $61.9 billion in the quarter ended March, compared with analysts' consensus estimate of $60.80 billion, according to LSEG data. Shares of the Redmond, Washington-based company gained 5% after the bell. The stock has soared on Microsoft shipping genAI tools based on its strategic partnership with ChatGPT creator OpenAI and also helped it capture the world's most valuable company crown from Apple Revenue from Microsoft's Intelligent Cloud unit, which houses the Azure cloud computing platform, rose to $26.7 billion, compared with analysts' average estimate of $26.24 billion, LSEG data showed. Azure revenue rose 31%, higher than a 29% growth estimate from market research firm Visible Alpha. Microsoft does not break out the absolute revenue figure for Azure, the part of its business best situated to capitalize on booming interest in artificial intelligence. The Copilot tool - a set of genAI assistants launched in November for $30 a month - along with a has li [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
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Price Change %
Volume Shares
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
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Multi-day stock performance from the time of the news release
LAST PRICE
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Low:
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%
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%
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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