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Microsoft Results Beat in Q2, Led by Cloud Computing Growth

Published 01/25/2022, 04:10 PM
Updated 01/25/2022, 04:10 PM
© Reuters. Microsoft Earnings, Revenue Beat in Q2

By Yasin Ebrahim

Investing.com - Microsoft (NASDAQ:MSFT) slumped afterhours Tuesday even as the tech giant rolled out second quarter results that beat analysts' forecasts, led by its cloud computing business.

Microsoft shares lost 4% in after-hours trading following the report.

Microsoft announced earnings per share of $2.48 on revenue of $51.73 billion. Analysts polled by Investing.com anticipated EPS of $2.31 on revenue of $50.65 billion.

Revenue in productivity and business processes was up 19% to $15.9 billion and its intelligent cloud business, which includes cloud business Azure, grew 26% to $18.3 billion.

The company said Azure grew 46% in the quarter.

"Solid commercial execution, represented by strong bookings growth driven by long-term Azure commitments, increased Microsoft Cloud revenue to $22.1 billion, up 32% year over year” said Amy Hood, executive vice president and chief financial officer of Microsoft.

Revenue in personal computing meanwhile, was up 15% to $17.5 billion.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Latest comments

Should i be worried about BTC & ETH ? bought the dips
every month every year good belles
Buying tomorrow before everyone else
every month every year somebody is annoucing complete crash. there will be big rally after dowish Fed meeting
it is time again for me to get some good cheap stocks,I love this game.
Total market collapse coming. Get out while you still can
well that what cnnc says
the megacaps are up cause they make a lot of money msft just gave good guidance when they didnt have to in this enviroment and they sandbag. The mega caps are not peleton. No comparison
 Yes and how do the mega caps make money? There is a reason when the market is falling the whole market falls. Yes, companies performing fall less but they still get dragged down. Why??? Most companies are interlinked and rely on each other at some level for consumer/business spending. If Inflation is high - is a consumer going to buy food/gas or the newest Xbox game? Is a company going to buy new
Can BTD (buy the dip) work forever?
buy on deep target 300
Target 300 on a company currently trading at $288?
Bought the dip
I think this market is sending a very clear signal to Mr. Power, if you change the FEDs policy then we are going to SELL until you get the message.
Stock market is scam
I first thought when i saw the 4 percent it was going to be up 4 percent in ath not down based on the numbers. U know things are bad when a compamy beats and goes down. Apparently it sell no matter what the fundamentals
Everything is overvalued
what fab said ☝🏼
I remember Apple being dumped after earnings not too long ago. Soon thereafter they posted a record high. Not saying MSFT will go to record highs now, just that the initial response is far from final.
Then why is iy down! Ficking scam manipulation!
Agree i have no idea why it would go down makes no sense
not manipulation, growth is slowing which means cost of capital will increase and result in lower future cash flows
 As Quarterly results were very good but still not good enough to meet the frothy valuation on Microsoft shares built-up due to Fed QE - hence the instant 5% fall once numbers were released (As I already noted they are about 40% over long term PE Ratios..... and even after results are still about 20% above long term ratios with a PE Ratio of 32.25). The shares recovered after the discussion and are now 1% higher only as Microsoft projected very strong Q2 numbers - but that means they have to deliver in Q2 Results or stock could fall by 20% to support around $235 - $240 (IMHO).
Makes no sense it beats everything and sells off? Explain?
thats the thing their valuation is not lofty given their growth its nuts
Long AAPL & MSFT...
 It is as I keep saying. Is it a mad valuation?? By no means. But still say about 20% overvalued and I think it will be held down by wider market falls until Q2 results. Then will need to deliver on its projections / have strong Q3 forecasts to justify its pricing.
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