Microsoft Q1 earnings beat driven by AI transformation - Quartz

Oct 31, 2024  · Microsoft beats earnings expectations thanks to the AI 'transformation' The tech giant's cloud revenue surged 22% to $38.9 billion, as AI adoption accelerates for businesses


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Microsoft Q1 Earnings Beat Driven By AI Transformation - Quartz

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Oct 31, 2024  · Microsoft beats earnings expectations thanks to the AI 'transformation' The tech giant's cloud revenue surged 22% to $38.9 billion, as AI adoption accelerates for businesses

qz.com

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Microsoft Beats Earnings Expectations Thanks To The AI ... - Yahoo

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Oct 31, 2024  · Microsoft’s (MSFT) fiscal first quarter results exceeded Wall Street’s expectations thanks to the “AI-driven transformation.”. The tech giant reported revenues of $65.6 billion for …

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Microsoft Beats Fiscal First Quarter Expectations On AI ... - MSN

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Microsoft’s (MSFT) fiscal first quarter results exceeded Wall Street’s expectations thanks to the “AI-driven transformation.”. The tech giant reported revenues of $65.6 billion for the ...

msn.com

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Microsoft Beats Expectations With Q1 Earnings Driven By Cloud

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October 30, 2024, 1:46 PM PDT. Microsoft beat Wall Street estimates for its latest quarter with the help of its all-important cloud services business. The tech giant on Wednesday reported $65.6 ...

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Microsoft Beats Expectations With Nearly $25B In Quarterly

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Oct 30, 2024  · Microsoft Azure revenue up 30%, with help from AI, as tech giant beats overall expectations Microsoft capital spending soars to $19B, betting big on AI, as Azure growth …

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Microsoft Earnings: Stock Climbs As Company Rides AI Wave To …

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Apr 25, 2023  · Key Facts. Microsoft’s $52.9 billion in sales and $2.45 earnings per share surpassed analyst estimates of $51 billion and $2.24 per share for the first three months of …

forbes.com

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Microsoft Reports Quarterly Sales Up 16% To $65.6 Billion As …

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Oct 31, 2024  · The software maker also reported an 11% increase in quarterly profit to $24.7 billion, or $3.30 per share, which beat Wall Street expectations for the July-September period. …

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Microsoft Reports $20.1B Quarterly Profit As It Promises To Lead 'the ...

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Jul 25, 2023  · Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest …

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Microsoft Q2 Earnings Reaction: Results Point To Trillion-Dollar AI ...

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Jan 31, 2024  · The software giant pulled in $62.02 billion in total revenues, eclipsing an anticipated $61.14 billion. Earnings-per-share also beat estimates at $2.93, while net income …

businessinsider.com

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Microsoft Earnings Top Expectations, Profits Rise 20% To

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Apr 25, 2024  · Microsoft posted a 17% increase in revenue, to $61.9 billion, with $21.9 billion in profits, up 20%, and earnings of $2.94 per share, beating Wall Street’s expectations across …

geekwire.com

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Microsoft Sales, Profit Beat Expectations On AI Demand - Yahoo …

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Apr 25, 2024  · Stocks Trade for 390 Minutes a Day. Increasingly, Only 10 Matter. Revenue in the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 a share, …

yahoo.com

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Microsoft Azure Revenue Up 30%, With Help From AI, As Tech Giant …

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Jan 30, 2024  · Microsoft Azure revenue up 30%, with help from AI, as tech giant beats overall expectations by Todd Bishop on January 30, 2024 at 1:33 pm January 30, 2024 at 3:11 pm …

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Microsoft Beats Expectations, But AI Concerns Force Shares Down

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San Francisco, Oct 31, 2024 -Microsoft delivered solid quarterly results on Wednesday, beating analyst expectations with revenue jumping 16 percent to $65.6 billion, but questions were …

indiatimes.com

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Microsoft Q1 Earnings: What Wall Street Analysts Expect - Quartz

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Oct 28, 2024  · Microsoft stock jumps as AI and the cloud power earnings. Microsoft’s revenue expectations are below the $64.7 billion it reported for the fourth quarter of fiscal year 2024. …

qz.com

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Datadog Soars On AI & Cloud Wins In Q3: Time To Buy The Stock?

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3 days ago  · The company reported third-quarter 2024 non-GAAP earnings of 46 cents, which increased 27.8% from the year-ago quarter and beat the Zacks Consensus Estimate by 17.95%.

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Risk Vs. Revenue: Microsoft Results Will Offer A New AI ... - GeekWire

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Jan 29, 2024  · Analysts expect Microsoft revenue of more than $61 billion, up 16%, with earnings around $2.76/share, up 19% from a year ago.

geekwire.com

FAQs about Microsoft Q1 earnings beat driven by AI transformation - Quartz Coupon?

Will AI Impact Microsoft's earnings?

Microsoft’s Tuesday earnings report was one of the first in which analysts could start to see the business implications of full-blown AI adoption. In the most recent quarter, which ended Sept. 30, Microsoft beat analyst expectations across the board. It generated $56.5 billion in revenue, $2 billion higher than the consensus estimate. ...

Did Microsoft beat analyst expectations?

In the most recent quarter, which ended Sept. 30, Microsoft beat analyst expectations across the board. It generated $56.5 billion in revenue, $2 billion higher than the consensus estimate. Adjusted earnings per share registered at $2.99, compared with expectations of $2.66. ...

What are Microsoft's earnings expectations for the first quarter?

The company is expected to report earnings per share, or EPS, of $3.11 for the first quarter, according to FactSet. Microsoft’s revenue expectations are below the $64.7 billion it reported for the fourth quarter of fiscal year 2024. ...

How did Microsoft's earnings compare to expectations?

Adjusted earnings per share registered at $2.99, compared with expectations of $2.66. Since this time last year—right before OpenAI launched ChatGPT and sparked the AI frenzy—Microsoft’s profit increased 27%. The company’s stock rose 6.2% in after-hours trading, at its peak costing $350.90 per share. ...

Did Microsoft beat Wall Street estimates?

Microsoft beat Wall Street estimates for its latest quarter with the help of its all-important cloud services business. The tech giant on Wednesday reported $65.6 billion in revenue, up 16% from this time last year, beating analyst predictions of $64.57 billion. ...

Did Microsoft's pre-market beats satisfy investors?

The beats, however, failed to completely satisfy investors, as the stock moved about 1% lower in premarket trading Wednesday. Microsoft's all-important cloud revenue topped out at $33.7 billion, beating estimates of $32.2 billion. ...

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