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Microsoft beats expectations as Azure grows 48%, though CAPEX doubles

TechnologyInternationalXTB.com35 s readAI summary
Image: XTB.com

Microsoft reported a quarter that widely beat expectations, driven by the cloud. Revenue grew 19% year over year to USD 92.28 billion and adjusted earnings per share rose 18% to USD 4.89. Azure accelerated its growth to 48% year over year, reaching USD 33.17 billion. In contrast, CAPEX rose 103% to USD 39.37 billion and free cash flow fell to USD 18.63 billion. Shares were up between 3% and 4% after the close.

In 35 seconds

  • Revenue of USD 92.28 billion, up 19% year over year, above the USD 91 billion expected
  • Azure grew 48% year over year to USD 33.17 billion, above management's guidance
  • CAPEX rose 103% to USD 39.37 billion and free cash flow fell to USD 18.63 billion
Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

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