MSFT

Microsoft's (MSFT) fiscal Q3 earnings and revenue exceeded analysts' expectations. Xbox content and services revenue growth also surpassed estimates.

This revenue figure is a key metric gauging the amount of sales the company generates from its video game hardware, software, and related services.12 Microsoft is seeking to expand its video game offerings, as its recent announcement to acquire Activision Blizzard, Inc. (ATVI)—maker of popular games like Call of Duty and World of Warcraft—makes abundantly clear. The company also highlighted its cloud platform as a key driver of performance for the quarter. Microsoft shares were trading down about 0.7% following the earnings release, as of this writing. These choices will be signaled globally to our partners and will not affect browsing data. Investopedia and our third-party partners use cookies and process personal data like unique identifiers based on your consent to store and/or access information on a device, display personalized ads and for content measurement, audience insight, and product development. CFO Amy Hood said that Microsoft Cloud revenue was $23.4 billion, up 32% year over year, thanks to "continued customer commitment." Year-over-year (YOY) growth in constant currency of Microsoft's Xbox content and services revenue also topped analyst predictions.12 Note that Microsoft's 2021 fiscal year (FY) ended June 30, 2021. Microsoft's Xbox content and services revenue climbed by 6% YOY on a constant currency basis. Earnings per share (EPS) came in at $2.22, beating analyst predictions. Microsoft Corporation (MSFT) reported Q3 FY 2022 earnings that beat analyst expectations.

Microsoft Corp. reported quarterly sales and earnings that topped analysts' projections, fueled by robust growth in cloud-services demand.

Net income rose to $16.7 billion, or $2.22 a share. Revenue in the third quarter, which ended March 31, rose 18% to $49.4 billion, the Redmond, Washington-based software maker said Tuesday in a statement. Microsoft Corp. reported quarterly sales and earnings that topped analysts’ projections, fueled by robust growth in cloud-services demand.

Ladies and gentlemen, thank you for standing by. Welcome to the Microsoft fiscal year 2022 third quarter earnings conference call. [Operator instructions] As a ...

And I think that's what you were inferring a bit is that it's almost the top of the funnel to create value for the customer. I mean, the thing that I find really to be something that I think is a long run is going to probably be one of the bigger drivers of our growth and differentiation is our data fabric because we're the only guys who have a complete data fabric from the operational store, that's fully integrated into an analytics engine, that's fully integrated into governance. I would say it does not feel like the tilt from on-prem to cloud felt any different in a way that would have impacted the quarter any more so than it normally does in terms of the normal transitions that we've seen, to your point, on Office or, frankly, even in Server as we have people move those workloads and migrate those workloads to the cloud. The thing I would add that Satya mentioned in his comments and again in his first answer, is really the value that is available to customers in E5, whether that is security, whether it's compliance, whether it's phone, whether it's analytics, the value of that suite, and if you think even more broadly, the value of Microsoft 365, which adds in more components around Windows, I think we are offering high value, and that tends to give us some optimism that we can continue to execute well in that segment. Where are we in the upsell opportunity from E3 to E5? And can you give us any sense of the sizing of how much of the growth not just now but going forward? And in our case, when it comes to our commercial cloud offerings, we have significant advantages on that across the stack. Maybe if you could give us some kind of insight into what gives you guys the confidence to put out that guide, to put out those healthy comments for FY '23? What are you seeing that can maybe help us give us and give investors a little bit more confidence in the durability of this growth in this environment? We expect COGS of $16.6 billion to $16.8 billion and operating expense of $14.8 billion to $14.9 billion, resulting in another quarter of operating margin expansion, excluding the change in useful life. And in enterprise services, we expect revenue growth to be in the high single digits. Gross margin dollars increased 18% and 21% in constant currency, and gross margin percentage decreased slightly year over year to 68%. Excluding the impact of the change in accounting estimate, gross margin percentage increased approximately one point, driven primarily by improvement in our cloud services noted earlier. With the stronger U.S. dollar and based on current rates, we now expect FX to decrease total company revenue growth by approximately two points and to decrease total COGS and operating expense growth by approximately one point. And we are further differentiating the Microsoft Cloud by bringing together Dynamics 365, Teams, and Synapse to usher in a new era of collaborative applications that transform every business function and process.

Microsoft Corporation (NASDAQ:NASDAQ:MSFT) Q3 2022 Earnings Conference Call April 26, 2022 5:30 PM ET Company Participants Brett Iversen - General Manager, ...

Investors await gaming, cloud news as the Windows and Office tech giant posts Q3 earnings.

Commercial bookings and [cloud Recovery Point Objective data] were both good and underscore management's confident outlook,” Morningstar analyst Dan Romanoff wrote after the company’s last earnings release. Azure remains a bright spot, with Windows and Gaming also performing well. Founded in 1975 by Bill Gates and Paul Allen, Microsoft is a US tech giant responsible for a host of products and services. The company also produces online advertising and cloud services such as Bing, OneDrive and Azure. The company is the third largest in the world on the basis of market capitalisation, with a valuation of $2.1trn (£1.66trn, €1.97trn). Apple ( AAPL), with its $2.7trn market cap, is the biggest in the world. Flagship products include Microsoft Office and the Windows operating system.

However, Microsoft's revenue increase of $8.7 billion, or 20%, in Q2 2022 wasn't driven by the Company's Personal Computing sales.

Microsoft reports earnings after the close today. Consensus is for $2.18 earnings per share (EPS) on just over $49 billion in revenue.

The potential return on risk is 25%. The options market is implying just more than a 5% earnings-based move in MSFT stock. Shares opened lower and near the lows of the day only to pivot and close higher and on the highs of the day. On the date of publication, Tim Biggam did not have (either directly or indirectly) any positions in the securities mentioned in this article. This is well above the 3.97% average implied move seen over the past eight quarters. Luckily, the options market provides a better way to play. So to get paid now to buy MSFT stock later for a lower price, an out-of-the money bull put spread makes probabilistic sense. The company has handily beaten estimates over the past three quarters, yet MSFT stock is actually slightly lower in that time frame. There is major long-term horizontal support for Microsoft at the $275 level. This type of price action is often a sign the previous trend has come to an end. The analysts certainly have a bullish outlook for MSFT stock as well. The lowest price target stands at a rather bullish $330.

With the major indices being slammed right down towards their lows of the year this week, there was a lot riding on Microsoft's (NASDAQ: MSFT) earnings last ...

A combination of soaring inflation, rising interest rates, pandemic hangovers, and the Russian invasion of Ukraine have all come together to make stocks one of the least appetizing assets to own so far in 2022. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... Notwithstanding the current risk off sentiment in equity markets, Satya Nadella, chairman and CEO of Microsoft, sees this as a very real possibility. This was their thirteenth revenue beat in a row, a record that more than just Microsoft investors will be happy is still standing. Revenue from Productivity and Business Processes increased 17%, revenue from Intelligent Cloud increased 26%, and revenue from More Personal Computing increased 11%. The icing on the cake was the revenue growth in the company’s cloud service product, Azure. Those numbers jumped 49%, a rate of increase not seen in almost two years. While the earnings per share number was slightly below analyst expectations, Microsoft registered a beat on the consensus for their revenue, which was up more than 18% year on year.