Earnings

Microsoft (MSFT) earnings Q2 2021

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Microsoft stock rose as much as 6% in extended trading on Tuesday after the company reported fiscal second-quarter earnings Azure cloud revenue growth and quarterly revenue guidance that exceeded analysts’ expectations.

Here’s how the company did:

  • Earnings: $2.03 per share, adjusted, vs. $1.64 per share as expected by analysts, according to Refinitiv.
  • Revenue: $43.08 billion, vs. $40.18 billion as expected by analysts, according to Refinitiv.

Microsoft revenue grew 17% on an annualized basis, up from 12% growth in the prior quarter, according to a statement.

With respect to guidance, Microsoft sees $40.35 billion to $41.25 billion in fiscal third-quarter revenue. The middle of the range, at…



Source cnbc.com

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