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Microsoft Results Beat in Q2, Led by Cloud Computing Growth

Stock MarketsJan 25, 2022 04:10PM ET
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© 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

Microsoft Results Beat in Q2, Led by Cloud Computing Growth
 

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Comments (14)
Nefertiti George Olaitan
Nefertiti George Olaitan Jan 26, 2022 2:57AM ET
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Should i be worried about BTC & ETH ? bought the dips
Ummed Lal Meena
Ummed Lal Meena Jan 25, 2022 7:32PM ET
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every month every year good belles
Lake Lot
Lake Lot Jan 25, 2022 6:15PM ET
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Buying tomorrow before everyone else
Jakub Menderski
Jakub Menderski Jan 25, 2022 5:57PM ET
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every month every year somebody is annoucing complete crash. there will be big rally after dowish Fed meeting
victor pedroza
victor pedroza Jan 25, 2022 5:57PM ET
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it is time again for me to get some good cheap stocks,I love this game.
Chad RicherThanYou
Chad RicherThanYou Jan 25, 2022 5:19PM ET
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Total market collapse coming. Get out while you still can
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Peter ONeill
Peter ONeill Jan 25, 2022 5:19PM ET
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Jesse James  Diversify your portfolio into 'inflation defensive' stocks such as consumer staples/defense/ financial / energy and property. With so much money supply in circulation, it's just leading to one bubble after the next. Won't be back to normal until Fed takes some of its $8 Trillion Balance sheet back out of supply via selling down. A lot of the 'bubble' has been already been deflated in the 'pandemic' winners such as Netflix, Zoom and Pelethon but a lot of the MegaCaps are still 35%+ their long-term PE ratios (hence why even amazing results may not be enough to stop a fall). If Apple doesn't have amazing results on Thursday / forward-looking results ....get ready for a big overall Nasdaq dip as between Apple & Microsoft you're looking at 22% of the market weight.
Rob Fordham
Rob Fordham Jan 25, 2022 5:19PM ET
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Chad RicherThanYou gold has done nothing. If gold isnt up big in this enviromrnt it wont ever be. High inflation potential recession market in turmoil and gold just sits there hardly a hedge
Rob Fordham
Rob Fordham Jan 25, 2022 5:19PM ET
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Peter ONeill well that what cnnc says
Rob Fordham
Rob Fordham Jan 25, 2022 5:19PM ET
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Peter ONeill 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
Peter ONeill
Peter ONeill Jan 25, 2022 5:19PM ET
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Rob Fordham  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
Bryan Liu
Bryan Liu Jan 25, 2022 5:13PM ET
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Can BTD (buy the dip) work forever?
RAKESH CHAUHAN
RAKESH CHAUHAN Jan 25, 2022 5:12PM ET
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buy on deep target 300
Peter ONeill
Peter ONeill Jan 25, 2022 5:12PM ET
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Target 300 on a company currently trading at $288?
Jack Meyauf
Jack Meyauf Jan 25, 2022 5:08PM ET
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Bought the dip
Pól Hansen
Pól Hansen Jan 25, 2022 4:49PM ET
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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.
 
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