Here are the most important numbers from the report compared to what analysts were expecting from the quarter, as compiled by Bloomberg.
Revenue: $52.7 billion vs. $52.9 billion expected
Adjusted EPS: $2.32 vs. $2.30 expected
Productivity and Business processes: $17 billion vs. $16.8 billion expected
Intelligent Cloud: $21.5 billion vs. $21.4 billion expected
More Personal Computing: $14.2 billion vs. $14.7 billion expected
Shares of Microsoft were up more than 4% immediately following the news.
Despite the beat on earnings per share, Microsoft’s cloud business continued to slow in the quarter. The company reported its Intelligent Cloud segment grew 18% in the quarter, while its Azure services grew 31%. That’s down from Q2 last year, during which Intelligent Cloud and Azure saw growth of 26% and 46%, respectively.
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