Microsoft's slight earnings beat is not enough to lure us off the sidelines

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Investing Club: Microsoft's slight earnings beat is not enough to lure us off the sidelines

But the stock retreated after management announced softer-than-expected guidance for the technology giant's third quarter — underscoring our decision to remain sidelined buyers for now. Revenue for the three months ended Dec. 31 came in at $52.75 billion, slightly missing analysts' forecasts of $52.94 billion, according to estimates from Refinitiv, even as revenue growth from the cloud computing unit, Azure, slightly outperformed expectations. Adjusted earnings-per-share of $2.

The single most important line item in this segment — and, arguably, for the entire company — is revenue growth from Azure and other cloud services. Azure revenue growth increased 31%, or 38% on a constant currency basis, year-over-year. Expectations came down significantly over the past few weeks as analysts slashed growth estimates on concerns about a moderation in cloud consumption and customers optimizing their workloads.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Microsoft is wrong... their cloud business will not decelerate. Follow the analysts, not the C suite.

With these kind of earnings, 5% layoffs won't be enough if companies want to get 'real'. Either they ride out multi year slowdown without cutting as still they have lot of money (or) cut 30-40% employees and whip company into shape. $msft

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости