Arabic version: إيرادات مايكروسوفت تتجاوز التقديرات مع تسارع نمو أزور
According to Cnbc, Microsoft reported fiscal first-quarter revenue of $92.28 billion, up 19% from a year earlier and above the $90.69 billion LSEG consensus estimate. Adjusted earnings were $4.89 per share, compared with the $4.73 expected. Shares rose 4% in extended trading on Wednesday following the results.
Azure cloud revenue climbed 48% to $33.17 billion, exceeding the $32.32 billion expected by analysts surveyed by StreetAccount. Microsoft disclosed Azure revenue in dollars for the first time. The company said Azure had become its largest single business, while CEO Satya Nadella said Microsoft 365 Copilot users increased 50% from the prior quarter.
Net income rose to $36.63 billion, or $4.92 per share, from $27.75 billion, or $3.72 per share, a year earlier. Adjusted earnings excluded a roughly $200 million loss on Microsoft’s investment in OpenAI. Revenue in the Agents and Infra segment rose nearly 25% to $76.8 billion, while Devices and Consumer revenue slipped 3% to $15.48 billion.
Microsoft forecast fiscal second-quarter revenue of $96 billion to $97.1 billion, with Azure growth of 49% to 50% at constant currency. Free cash flow fell 27% to $18.63 billion in the fiscal first quarter. The company reported $45.2 billion in capital expenditures and finance leases, up about 30% year over year, and said it was targeting more than $50 billion in such spending in the second quarter.
