2023-01-24 21:08:09

Microsoft misses quarterly revenue estimates

Logo Channel NewsAsia
Channel NewsAsia
By Cna

Best News Website or Mobile Service

WAN-IFRA Digital Media Awards Worldwide

Best News Website or Mobile Service

Digital Media Awards Worldwide

Microsoft Corp missed Wall Street estimates for second-quarter revenue on Tuesday, squeezed by a slump in the personal computer market that hammered its Windows software business and lower demand for its cloud services unit Azure.

Revenue grew 2 per cent to $52.7 billion in the quarter ended Dec. 31, compared with the average analyst estimate of $52.94 billion, according to Refinitiv IBES.

Continue read on channelnewsasia.com

Logo Benzinga
Business / FinanceBy Lisa Levin2023-01-24 11:42:34
Microsoft Corporation MSFT is scheduled to release its earnings results for the latest quarter after the closing bell on Jan. 24, 2023. Analysts expect...

Logo The Wall Street Journal
TechnologyBy Tom Dotan2023-01-24 10:30:00
Demand for Windows software falls and cloud growth is seen cooling

Logo CNBC
Business / FinanceBy Jordan Novet2023-01-24 17:00:11
Key Points Microsoft will report fiscal second-quarter results after the bell on Tuesday. Analysts have taken down their estimates because of flagging PC...

Logo Nasdaq
Business / FinanceBy Richard Saintvilus2023-01-24 12:34:30
Enterprise software and cloud giant Microsoft ( MSFT ) is scheduled to report second quarter fiscal 2023 earnings results after the closing bell Tuesday. The...

Logo PR Newswire
TechnologyPress Release2023-01-24 21:06:00
REDMOND, Wash., Jan. 24, 2023 /PRNewswire/ -- Microsoft Corp. on Tuesday announced that fiscal year 2023 second-quarter financial results are available on...

Logo Bloomberg
TechnologyBy Subrat Patnaik2023-01-24 11:11:26
The expected slowdown at Microsoft Corp.’s cloud-computing business is coming as a disappointment to some investors who had counted on the software giant to...

Logo Benzinga
Business / FinanceBy Globe Newswire2023-01-24 12:00:11
2022 highlights C onsolidated: Full-year 2022 earnings per share (EPS) of $5.06, compared with $5.32 in 2021; adjusted EPS1, excluding special items, of...

Logo Nasdaq
Business / FinanceBy Trefis2023-01-23 04:11:40
Microsoft (NASDAQ: MSFT) is scheduled to report its fiscal Q2 2023 results on Tuesday, January 24, 2023. We expect the stock to top the consensus estimates...

Logo Nasdaq
Business / Finance2023-01-24 19:00:02
The following companies are expected to report earnings after hours on 01/24/2023. Visit our Earnings Calendar for a full list of expected earnings releases....

Logo PR Newswire
TechnologyPress Release2023-01-24 11:00:00
RENO, Nev., Jan. 24, 2023 /PRNewswire/ -- New data from Synergy Research Group shows that across the main public cloud service and infrastructure markets,...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-23 14:00:42
Microsoft MSFT is set to give its latest quarterly earnings report on Tuesday, 2023-01-24. Here's what investors need to know before the announcement....

Logo Nasdaq
TechnologyBy Zacks2023-01-24 18:18:00
Verizon Communications (VZ) reported $35.25 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 3.5%. EPS of...

Logo Nasdaq
TechnologyBy Zacks2023-01-24 18:49:00
Lockheed Martin (LMT) reported $18.99 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 7.1%. EPS of $7.79...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-23 15:03:55
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide Slower cloud...

Logo Benzinga
Business / FinanceBy Adam Eckert2023-01-24 17:10:24
Microsoft Corp MSFT is set to report Tuesday after the bellas earnings season shiftsinto high gearand all eyes will be on the print. What To Know: Wedbush...

Logo Nasdaq
Business / FinanceBy Matt Amberson2023-01-24 18:26:51
Welcome to the ORATS earnings report where we scan for companies with upcoming earnings announcements, check out historical earnings information, and find a...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-24 12:27:47
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide :Verizon...

Logo Bloomberg
TechnologyBy Scott Moritz2023-01-24 12:01:42
Verizon Communications Inc. ’s profit outlook trailed Wall Street estimates in a sign that the consumer wireless business continues to weigh down...

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-24 11:00:06
(RTTNews) - Microsoft Corporation (MSFT) will host a conference call at 5:30 PM ET on January 24, 2023, to discuss Q2 23 earnings results. To access the live...

Logo Benzinga
Business / FinanceBy Lisa Levin2023-01-24 09:02:30
With US stock futures trading mostly flat this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects...