Microsoft shares drop as cloud miss overshadows better-than-expected revenue and earnings
Microsoft (MSFT) Q4 earnings report 2024
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