Spartan Posted July 19, 2018 Report Share Posted July 19, 2018 @k2s and @psycopk Microsoft Corp. shares ticked higher following an initial after-hours slip Thursday, after the tech giant’s quarterly results topped Wall Street estimates thanks to better-than-expected revenue in cloud computing. Microsoft MSFT, +4.31% shares were last up 0.7% after hours, following a 0.7% decline to close the regular session Thursday at $104.40. The company reported fiscal fourth-quarter net income of $8.87 billion, or $1.14 a share, compared with $8.07 billion, or $1.03 a share, in the year-ago period. Adjusted earnings were $1.13 a share. On average, analysts polled by FactSet expected adjusted earnings of $1.08 a share. Revenue rose to $30.09 billion from $25.61 billion in the year-ago period, compared with FactSet-polled analysts expecting an average $29.21 billion. Microsoft said that Office commercial products and cloud services revenue gained 8%, while Office 365 revenue jumped 35%. Revenue at Microsoft’s public cloud service Azure soared 85% from the year-ago quarter. Gaming revenue grew 38%, while Xbox services and software revenue gained 35%. In Microsoft’s segments, “Productivity and Business Processes” revenue rose to $9.67 billion, from $8.55 billion a year ago, while analysts expected $9.68 billion. “Intelligent Cloud” revenue rose to $9.61 billion, from $7.82 billion a year ago, while analysts forecast $9.09 billion. “More Personal Computing” revenue rose to $10.81 billion, from $9.24 billion a year ago, while analysts had estimated $10.41 billion. At the close Thursday, shares of Microsoft were up 22% for the year, compared with a more than 13% gain in the tech-heavy Nasdaq Composite Index COMP, -0.37% a 4.9% gain in the S&P 500 index SPX, -0.40% and a 1.4% advance in the Dow Jones Industrial Average DJIA, -0.53% The company recently topped an $800 billion market capitalization for the first time. Quote Link to comment Share on other sites More sharing options...
k2s Posted July 20, 2018 Report Share Posted July 20, 2018 4 hours ago, Spartan said: @k2s and @psycopk Microsoft Corp. shares ticked higher following an initial after-hours slip Thursday, after the tech giant’s quarterly results topped Wall Street estimates thanks to better-than-expected revenue in cloud computing. Microsoft MSFT, +4.31% shares were last up 0.7% after hours, following a 0.7% decline to close the regular session Thursday at $104.40. The company reported fiscal fourth-quarter net income of $8.87 billion, or $1.14 a share, compared with $8.07 billion, or $1.03 a share, in the year-ago period. Adjusted earnings were $1.13 a share. On average, analysts polled by FactSet expected adjusted earnings of $1.08 a share. Revenue rose to $30.09 billion from $25.61 billion in the year-ago period, compared with FactSet-polled analysts expecting an average $29.21 billion. Microsoft said that Office commercial products and cloud services revenue gained 8%, while Office 365 revenue jumped 35%. Revenue at Microsoft’s public cloud service Azure soared 85% from the year-ago quarter. Gaming revenue grew 38%, while Xbox services and software revenue gained 35%. In Microsoft’s segments, “Productivity and Business Processes” revenue rose to $9.67 billion, from $8.55 billion a year ago, while analysts expected $9.68 billion. “Intelligent Cloud” revenue rose to $9.61 billion, from $7.82 billion a year ago, while analysts forecast $9.09 billion. “More Personal Computing” revenue rose to $10.81 billion, from $9.24 billion a year ago, while analysts had estimated $10.41 billion. At the close Thursday, shares of Microsoft were up 22% for the year, compared with a more than 13% gain in the tech-heavy Nasdaq Composite Index COMP, -0.37% a 4.9% gain in the S&P 500 index SPX, -0.40% and a 1.4% advance in the Dow Jones Industrial Average DJIA, -0.53% The company recently topped an $800 billion market capitalization for the first time. Last week ee 7k worth stock sold okka 1 week agi untey $300 profit vachedi Quote Link to comment Share on other sites More sharing options...
dasara_bullodu Posted July 20, 2018 Report Share Posted July 20, 2018 8 minutes ago, k2s said: Last week ee 7k worth stock sold okka 1 week agi untey $300 profit vachedi 30 pakkana k pettadam marchipoyav Quote Link to comment Share on other sites More sharing options...
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