Microsoft Q2 Beats Estimates, but Azure Growth Triggers After-Hours Selloff
TL;DR Summary
Microsoft topped fiscal Q2 estimates with $4.14 per share on $81.27 billion in revenue as Azure grew 39% year over year (38% in constant currency), lifting Intelligent Cloud and overall cloud results; however, shares fell after hours on concerns that Azure’s pace cooled versus the prior quarter, while Productivity and Business Processes beat estimates and More Personal Computing was modestly below.
- Microsoft stumbles even as Q2 results top estimates (MSFT:NASDAQ) Seeking Alpha
- Microsoft earnings are out – here are the numbers CNBC
- Here's How Much Traders Expect Microsoft Stock to Move After Earnings Investopedia
- Microsoft shrugs off AI bubble fears again with strong financial results The Guardian
- Microsoft beats Wall Street expectations with $81.3B revenue 10tv.com
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