We're upgrading Microsoft after earnings. The stock has pulled back enough lately

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 18 min. at publisher
  • 📊 Quality Score:
  • News: 66%
  • Publisher: 72%

Software Noticias

Technology,Breaking News: Technology,NVIDIA Corp

We were so close to having an encore of the picture-perfect results we got in Microsoft's prior quarter.

Microsoft delivered an overall strong quarter after Tuesday's market close, but a miss on Azure revenue growth put shares under pressure in extended-hours trading. Revenue increased about 15% year over year to $64.73 billion in its fiscal 2024 fourth quarter, beating the Street consensus estimate of $64.39 billion, according to data from LSEG. Earnings per share increased nearly 10% from last year to $2.95, ahead of EPS estimates of $2.93, LSEG data showed.

Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.delivered an overall strong quarter after Tuesday's market close, but a miss on Azure revenue growth put shares under pressure in extended-hours trading.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Microsoft, CrowdStrike Stock Down Pre-Market Amid Global IT OutageA massive outage has hit a variety of industries around the world, including airlines, banks and media companies.
Fuente: Newsweek - 🏆 468. / 52 Leer más »

Microsoft Earnings: Stock Tanks As AI Business Growth Worse Than ExpectedDerek Saul is a New Jersey-based Senior Reporter on Forbes' news team. He graduated in 2021 from Duke University, where he majored in Economics and served as sports editor for The Chronicle, Duke's student newspaper, joining Forbes soon thereafter.
Fuente: Forbes - 🏆 394. / 53 Leer más »