Microsoft - MSFT

Microsoft shares drop as cloud miss overshadows better-than-expected revenue and earnings

Microsoft reported better-than-expected earnings and revenue for the fiscal fourth quarter.

The stock dropped in extended trading as investors focused on disappointing Azure revenue, but management called for accelerating in the quarters ahead.

Total revenue increased 15% from a year earlier.

Microsoft (MSFT) Q4 earnings report 2024
 
Zoinks!

tsp-102623b.gif
 

tsptalk

Moderator
Staff member
Microsoft stock pops then drops after earnings beat

Microsoft stock rose by as much as 4 percent after the company reported its earnings for the fourth quarter of its 2017 fiscal year, which ended on June 30. However, the stock flattened out after the company offered guidance for the next quarter. The company beat analysts' estimates on earnings per share and revenue.

Microsoft earnings Q4 2017
 
Back
Top