Microsoft Corp reported its second-quarter earnings, surpassing Wall Street estimates with a revenue of $62 billion, an 18% increase year-over-year, and earnings per share (EPS) of $2.93. Analysts had projected revenues of $61.1-$61.14 billion and EPS of $2.76-$2.78. The growth was attributed to the strong performance of its cloud services, including Azure, which saw a revenue increase of 30%, driven by robust demand for AI services, contributing 6 points to Azure's growth. The Intelligent Cloud segment reported revenues of $25.88 billion against estimates of $25.29 billion, while the Productivity and Business Processes and More Personal Computing segments also beat expectations. Microsoft's overall cloud revenue stood at $33.7 billion, exceeding forecasts of $32.21 billion. The company's net income rose by 33% to $21.9 billion, with Office Commercial revenue up 15% YoY, and LinkedIn revenue up 9% YoY. Operating income was reported at $27.03 billion. Microsoft plans to provide forward-looking guidance on its earnings call.
$MSFT (-0.1% pre) Microsoft beats Q2 earnings on AI, cloud strength https://t.co/6MH936IHbN
“.. This might be a stretch, but we will know more on Thursday when $AMZN reports. $MSFT Azure grew 28% FxN in Q2, but 6 points of that growth was due to AI, up from ‘just’ 3 points in Q1. Thus, one could argue that non-AI Azure growth is slowing down which bodes relatively…
$MSFT reported Q4 earnings results that beat both top and bottom lines: Total revs up 18% y/y to $62B, gross margin of 68% - Intelligent Cloud revs up 20% y/y to $25.9B Microsoft says it has 53,000 Azure AI customers, 1/3 of them new to Azure in 2023. Earnings Slides:… https://t.co/AfaS3jivyo https://t.co/DKC9q0A1ly
$MSFT Update from this Q: Azure AI contributed 6pts (vs 3pts last Q) Up 100% q/q and now ~3.5bn ARR 🤯 - and majority of all revenue is inferencing Azure OAI Service now has 53K customers, up 200% q/q (from 18K), of which 18K(!!) are new to Azure. MSFT is cleaning up shop https://t.co/tzErA9bHPJ
$MSFT earnings call data point that points to the pace of AI adoption. Over 1/3 of the 53k Azure customers are new over the last year. That means that while Azure revenue grew at 30% YoY in December, the customer base over the past year grew at 50%. Thats a positive sign that…
Microsoft's quarterly earnings and revenue beat expectations led by growth in Azure and cloud computing. https://t.co/D68b5wnGpe
Microsoft $MSFT Azure growth accelerated 200 bp QoQ to 30% YoY, driven by strong demand for AI services. $AMZN $GOOG https://t.co/E70AYxmN4i
Microsoft posted beats across the board with its latest results, calling out momentum in the cloud and traction with artificial intelligence. $MSFT recorded $62.0 billion in revenue for its latest quarter: https://t.co/oyW17HlY5w
Microsoft Azure revenue up 30%, with help from AI, as tech giant beats overall expectations https://t.co/IbqDNnESAW
$MSFT Microsoft Q2 FY24 (ending in Dec): • Revenue +18% Y/Y to $62.0B ($0.9B beat). • Gross margin 68% (+2pp Y/Y) • Operating margin 44% (+5pp Y/Y). • EPS $2.93 ($0.16 beat). ☁️ Azure +28% fx neutral (unchanged). https://t.co/DF4eZ4zsOU
$MSFT Earnings: $2.93 per share, vs. $2.78 per share expected Revenue: $62.02 billion, vs. $61.12 billion expected https://t.co/Cd2S27kB69
$MSFT | Microsoft Q2 Earnings Highlights: Revenue Beat, EPS Beat, Cloud Growth, 'Applying AI At Scale' And More
$MSFT FY24Q2 results Revenue +18% (+16% ex-FX), incl. - Productivity & Business Processes +13% - Intelligent Cloud +19% - More Personal Computing +18% Azure & Other Cloud Services +30% Non-GAAP EBIT +25% Net Income +26%, EPS +26% Flat (+0.2%) post-market https://t.co/n3xZDhCknG
EARNINGS: Microsoft Q2 EPS $2.93 vs. $2.78 Est.; Q2 Revs. $62.02B vs. $61.12B Est. • $MSFT https://t.co/P5Rg1wjov8 https://t.co/6sTTI5z96p
Here we go: @Microsoft and @Google...it's a Beat, Beat, Beat, Beat...no surprise. Here are the numbers: $MSFT #MICROSOFT EARNINGS EPS: $2.93 vs $2.77 Rev: $62.0 billion vs $61.14 billion $GOOGL #ALPHABET EARNINGS EPS: $1.64 vs $1.59 Rev: $86.31 billion vs $85.36 billion https://t.co/OK5SKeYvB4
$MSFT | Microsoft Q2 24 Earnings: - Adj EPS $2.93 (est $2.78) - Rev $62.02B (est $61.14B) - Cloud Rev $33.7B (est $32.21B) - Int. Cloud Rev $25.88B (est $25.29B)
$MSFT MICROSOFT Q2 2024 EARNINGS REVENUE $62.0BLN, EST. $61.14B EPS $2.93, EST. $2.78 PRODUCTIVITY REVENUE $19.25B, EST. $19.03B INTELLIGENT CLOUD REVENUE $25.88B, EST. $25.29B CLOUD REVENUE $33.7B, EST. $32.21B
$MSFT looking like options sellers winning this one so far... Microsoft Q2 2024 GAAP EPS $2.93 Beats $2.76 Estimate, Sales $62.00B Beat $61.12B Estimate (gold is implied moves +/-) https://t.co/WKOYnmRBHu
Microsoft reports Q2 revenue up 18% YoY to $62B, net income up 33% YoY to $21.9B, Office Commercial revenue up 15% YoY, and LinkedIn revenue up 9% YoY (Microsoft) https://t.co/zRfeWiDDo7 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/7z4DMuq2Ub
$MSFT #Microsoft earnings are out – here are the numbers Earnings: $2.93 per share. That may not compare with the $2.78 per share expected by LSEG. Revenue: $62 billion. That may not compare with the $61.12 billion expected by LSEG. https://t.co/BC4161JNxS
$MSFT Microsoft beats. -1% AH https://t.co/IODUjLrwh5
$MSFT Q2 Earnings EPS: $2.93 v $2.76e Revenue: $62.0B v $61.0Be
Latest datapoint that AI is moving fast. $MSFT just reported Azure revenue up 30% vs 27.5% expected from the Street and 29% from Sep-23. While investors were expecting a slow down and the business accelerated.
MICROSOFT EARRINGS JUST CAME OUT $MSFT *MICROSOFT 2Q REV. $62.0B, EST. $61.14B ( BEAT ✅ ) *MICROSOFT 2Q EPS $2.93, EST. $2.78 ( BEAT ✅ ) https://t.co/l1FxY1GH0D
$MSFT | Microsoft Q2 Earnings: - EPS $2.93 (Est. $2.76) - Sales $62.00B (Est. $61.12B) https://t.co/1kO9uxh9by
⚠️ MICROSOFT BEATS QUARTERLY REVENUE ESTIMATES (Reuters) - Microsoft Corp $MSFT beat Wall Street estimates for second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services. Revenue grew 18% to $62 billion in the quarter ended… https://t.co/OTGZ8GZoDT
Microsoft $MSFT earnings (modest double beat): -2Q EPS $2.93 vs est 2.78 -2Q Revenue $62.02bn vs est $61.14bn -2Q Cloud rev $33.7bn, est $32.21bn
Microsoft earnings (modest double beat): -2Q EPS $2.93 vs est 2.78 -2Q Revenue $62.02bn vs est $61.14bn -2Q Cloud rev $33.7bn, est $32.21bn
$MSFT MICROSOFT Q2 2024 EARNINGS REVENUE $62.0BLN, EST. $61.14B EPS $2.93, EST. $2.78
Microsoft, $MSFT earnings: - EPS $2.93 - Revenue $62.0 billion, vs $61.14 billion - To provide forward looking guidance on call link: https://t.co/E9SOE2vSsi
$MSFT RESULTS: Q2 ❖ Revenue $62.02B, EST $61.14B ❖ Productivity and Business Processes revenue $19.25B, EST $19.03B ❖ Intelligent Cloud revenue $25.88B, EST $25.29B ❖ More Personal Computing revenue $16.89B, EST $16.8B, EPS $2.93 ❖ Operating income $27.03B, Capital…
⚠️BREAKING: *MICROSOFT FISCAL 2Q EPS $2.93, EST. $2.77 *MICROSOFT FISCAL 2Q REVENUE $62.0B, EST. $61.1B https://t.co/53orqoxJkS 👈 $MSFT https://t.co/CDMXSmMu8Z
MICROSOFT $MSFT JUST REPORTED EARNINGS EPS of $2.93 beating expectations of $2.77 Revenue of $62B beating expectations of $61.1B https://t.co/qhkh49etAn
*MICROSOFT 2Q EPS $2.93 *MICROSOFT 2Q REV. $62.0B, EST. $61.14B *MICROSOFT 2Q MORE PERSONAL COMPUTING REV. $16.89B, EST. $16.8B *MICROSOFT 2Q INTELLIGENT CLOUD REV. $25.88B, EST. $25.29B *MICROSOFT 2Q PRODUCTIVITY REV $19.25B, EST. $19.03B $MSFT
MICROSOFT EARNINGS COME OUT TODAY AT 4:05 PM ET $MSFT EXPECTED NUMBERS REVENUE -> $61.14 BILLION ( UP 15.9% YoY ) EPS -> $2.78 ( UP 19% YoY ) https://t.co/kjKfuDusgf
⚠️ MICROSOFT $MSFT EARNINGS WILL BE RELEASED AT 4:05PM EST TODAY *EXPECTED NUMBERS: - EPS: $2.77 (+19.4% YoY) - REVENUE: $61.1 BILLION (+16% YoY) ARE YOU BULLISH OR BEARISH ON MICROSOFT? $MSFT https://t.co/wGaUSMy5v8
Microsoft $MSFT will report tomorrow after market close. Analysts estimate $61.13B in revenue (+15.89% YoY) and $2.78 in earnings per share (+19.83% YoY).