Microsoft pops as Q1 results and guidance top estimates
FROM THE WIRE · SEEKINGALPHA.COM
[Microsoft logo] jewhyte Microsoft (MSFT [https://seekingalpha.com/symbol/MSFT]) shares rose 4% in extended trading on Wednesday after the Windows maker reported fiscal first-quarter results that topped/missed estimates. For the period ending Sept. 30, Microsoft said it earned…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA mega-cap rising after results above estimates, with Azure accelerating strongly, can move the tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Microsoft shares rose 4% in extended trading after fiscal first-quarter results.
- 02Revenue rose 19% to $92.28B with adjusted earnings of $4.89 per share.
- 03Azure revenue rose 48%, above the 44.8% estimate.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Microsoft Corporation544.77 USDMarket closedtoday +2.53%Positive Alphabet Inc.321.89 USDMarket closedtoday +1.60%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets