Vicious Microsoft 20 percent Stock Gyrations After Lowers Cloud Guidance Reversing Gains to Losses

Software giant Microsoft stock took a whirlwind ride after it reported weaker than expected December 2022 (Q2 23) quarterly earnings Tuesday, with the market initially ignoring it on better cloud revenue (+38% constant currency vs +37% CC) However, that all fell apart after the earnings call. $MSFT lowered guidance, $50.5 billion to $51.5 billion in fiscal Q3 revenue vs analysts’ expectations for $52.43 billion. The stock gave back the entire initial earnings jump to go green to red, down over … Continue reading “Vicious Microsoft 20 percent Stock Gyrations After Lowers Cloud Guidance Reversing Gains to Losses”

Microsoft Reports Soft Cloud Growth and Windows Licenses Lowering Guidance

Software giant Microsoft reported stronger than expected June 2022 quarterly earnings Tuesday, both revenue and earnings beat expectations. However, MSFT warned for the coming quarter which saw the stock slide around 7%. Microsoft Cloud segment saw another slowdown, it had been MSFT’s robust engine with 50% or more year-over-year sales growth. Azure and other cloud services saw sales slowdown to 35% in the latest quarter. The software giant was also hit by revenue from sales of Windows licenses to device … Continue reading “Microsoft Reports Soft Cloud Growth and Windows Licenses Lowering Guidance”

Microsoft Cloud and Xbox Slowdown Hits Earnings Growth with Surging US Dollar

Software giant Microsoft reported weaker than expected June 2022 quarterly earnings Tuesday, despite month’s profit warning. after the close as both revenue and earnings beat expectations. Microsoft Cloud segment saw a sharp slowdown, it had been MSFT’s robust engine with 50% or more year-over-year sales growth. Azure and other cloud services saw sales slowdown to 40% in the latest quarter. The software giant was also hit by declining videogame sales and the effects of strong dollar. Microsoft Fiscal Fourth Quarter … Continue reading “Microsoft Cloud and Xbox Slowdown Hits Earnings Growth with Surging US Dollar”

Microsoft Cloud Leads Robust Earnings and Revenue Beat for MSFT

Software giant Microsoft reported boom Q1 2022 quarter earnings Tuesday after the close as both revenue and earnings beat expectations. Microsoft Cloud generated $20.7 billion in revenue for the quarter, up 36% year over year.

Microsoft Record Profits and Sales Led By Azure Cloud Computing

Software giant Microsoft reported boom Q4 2021 quarter earnings Tuesday after the close. The Azure public cloud for hosting applications and websites still accelerating. Productivity and business processes and More Personal Computing also excelled.

Microsoft Earnings Beat With Robust Azure Cloud Growth

Software giant Microsoft reported better than expected September quarter earnings Tuesday after the close. The Azure public cloud for hosting applications and websites grew 48%, accelerating from 47% in the prior quarter, faster than the 44% growth. Server products and cloud services revenue advanced 22%.

Microsoft Earnings Beat on Robust Azure and LinkedIn Revenue

Software giant Microsoft reported better than expected September quarter earnings Wednesday after the close. LinkedIn,  Cloud offerings, Azure infrastructure services, Office 365 productivity software and Dynamics enterprise software were all ahead of forecasts.