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Microsoft Shares slip on light quarterly azure growth


Microsoft CEO Satya Nadella, Sun Valley, Idaho, on July 9, 2024, comes to the Sun Valley Resort for the annual Alan & Company Sun Valley Media and Technology Conference.

Brendon McDermid | Roots

Microsoft The shares on Wednesday tumbled up to 5% in extended trading after the software company released the result of the fiscal second quarter, which included mild growth in the azure cloud computing services.

Here is how the company did how the company did on the basis of a survey of analysts by LSEG compared to Wall Street expectations:

  • earnings per share: $ 3.23 vs $ 3.11 expected
  • Income: $ 69.63 billion vs $ 68.78 billion is expected

According to A, Microsoft’s revenue in the quarter increased year after 12.3%, which ended on 31 December statementIt represents the slowest growth from mid -2023. A net income of $ 24.11 billion was above $ 21.87 billion in the same quarter a year ago.

The company’s intelligent cloud segment, which includes the Azure Claude, contributed $ 25.54 billion to the revenue. It was around 19%, but below the consent of $ 25.83 billion among the analysts voted by the Strikint.

Azure and other cloud services increased revenue by 31%, which was below 33% in the previous quarter. Microsoft now has an annual revenue run run of $ 13 billion for Artificial Intelligence, in a statement to CEO Satya Nadella.

An increase in the second quarter of the financial year came from artificial intelligence, 13 percent marks. Microsoft does not disclose Azure revenue in dollars. Analysts voted by CNBC and Streetaccount were looking for an increase of 31.9% and 31.1% respectively.

Productivity and business process segment of Microsoft, including office productivity software membership and linked, posted $ 29.44 billion in revenue. It was more than a consensus of 13.9% and the Strikuts $ 28.89 billion.

The more individual computing unit, including Windows, Bing, Surface and Xbox, gave $ 14.65 billion in revenue. This number was flat and more than a Streetaccount of $ 14.29 billion.

The sales of devices and Windows operating system licenses from device manufacturers were 4%. Technology industry researcher gartner estimated PC shipment increased by 1.4% in the quarter.

The company reported $ 15.80 billion in capital expenditure of the second quarter of the financial year, except for finance leases. The consensus between analysts voted by visible alpha was $ 15.70 billion.

Microsoft had $ 2.29 billion in the “other expenditure” line items. Amy Hood was the company’s finance head in October Estimate Due to the share share of $ 1.5 billion in “other expenses”, mainly Microsoft in Openai, Microsoft has invested around $ 14 billion to date.

During the second quarter of the financial year, Microsoft announced the Windows 365 Cloud Link, a PC who can use a corporate worker Use their applications And the files stored in the cloud. Github unit of the company Sanctioned support From anthropic to artificial intelligence models and Google In addition to the current support for Openai for a programming chatbot. Microsoft too Additional $ 750 million invested During the quarter in Openai.

Microsoft shares slipped 2% on Monday as investors considered the implications of the AI ​​model from Deepsek in a Chinese laboratory. In December, Deepsek introduced an open-source model, stating that it is trained for $ 5.6 million, except for data and earlier research. This will be more efficient than models of major American companies. And last week, Deepsek said that its newest model, R1, improved OpenaiI in some tests.

“We should take developments from China very seriously,” Nadella said 22 January. Nadella committed $ 80 billion spending On the AI ​​infrastructure in the current financial year.

Prior to the release of the income, Microsoft shares were 5% above so far in 2025, while the S&P 500 index increased by about 3% in the same period.

Officials will discuss quarterly results with analysts and issue guidance on a conference call starting from ET at 5:30 pm. Analyst may ask the management that Microsoft did not participate in the White House Press Conference for Stargate AI Infrastructure Project at the White House Press Conference on 21 January, which could include Openai. $ 500 billion In investment.

This is breaking news. Please check back for updates.

Watch: Benchmark Bill Gurli: Microsoft-Openai deal sounds like one of the most complex of all time



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