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Microsoft beats expectations with a 485% jump in Azure revenue

TechnologyInternationalEl Economista30 s readAI summary
Image: El Economista

Microsoft reported first-quarter fiscal results: revenue of $92.279 billion versus $90.625 billion expected and earnings of $4.89 per share, above the $4.73 forecast. Azure reported results independently for the first time and its revenue surged 485% year over year, against a 45% estimate. Capital spending, including leases, was $45.2 billion, below expectations. The stock rose 5% in after-hours trading.

In 30 seconds

  • Revenue of $92.279 billion and earnings of $4.89 per share, above estimates
  • Azure reported independently for the first time and its revenue grew 485% year over year
  • Capital spending, including leases, was $45.2 billion, below the $51.8 billion expected
Read the full story at El Economista

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

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