Microsoft rises on earnings beat, but Azure growth slows

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Microsoft's Azure cloud revenue growth slipped to 76 percent in the fiscal first quarter. But overall revenue and earnings were above expectations, sending shares higher after hours.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great maybe we’ll only lose 8% of our net worth today instead of 12%.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft is gaining ground after earningsMicrosoft beat on both the top and bottom lines, but said sales growth at its Azure cloud-computing unit slowed.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Microsoft, Nielsen Partner To Bring Personalized Data Closer To Reality For The CPG IndustryWith personalized offerings a new imperative in the CPG industry, Nielsen and Microsoft have joined forces to unveil Nielsen Connect, using Microsoft's Azure cloud service to help CPG retailers and brands respond to and forecast consumer product demand fast. $MSFT AI is trash... 👇🏽👇🏽👇🏽👇🏽👇🏽
Source: Forbes - 🏆 394. / 53 Read more »

Microsoft set to report earnings after the bellFor Microsoft's fiscal first quarter, analysts expect Microsoft's revenue to grow slightly more slowly than it did in the previous fiscal year, with Azure cloud growth clearly declining. Let's hope it is a big beat. After these past few weeks $MSFT is going to need earnings of about $5 billion per share
Source: CNBC - 🏆 12. / 72 Read more »