Thursday, July 31, 2025

Microsoft Stock Surges After It Posts Another Earnings Beat

Must Read


  • Microsoft reported its fourth-quarter earnings on Wednesday.
  • Shares in the tech giant jumped after earnings came in above estimates.
  • CEO Satya Nadella said that cloud and AI continue to drive the company’s growth.

Microsoft stock surged in after-hours trading on Wednesday after the tech giant beat analysts’ expectations for another straight quarter.

Shares were up over 6% after hours following Microsoft’s reported fourth-quarter revenue of $76.4 billion and earnings of $3.65. Analysts surveyed by Bloomberg expected quarterly revenue of $73.89 billion and earnings of $3.37 per share.

CEO Satya Nadella said that cloud and AI continue to drive the company’s growth.

“Cloud and AI is the driving force of business transformation across every industry and sector,” Nadella said in a statement. “We’re innovating across the tech stack to help customers adapt and grow in this new era, and this year, Azure surpassed $75 billion in revenue, up 34 percent, driven by growth across all workloads.”

Nadella will speak to analysts at 5:30 pm Eastern when the company holds its earnings call.

This story is developing. Please check back for updates.





Source link

- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img
Latest News

Goldilocks Cookware Review: The Best Budget Pans We’ve Tested

Very few of us are afforded the luxury of a full arsenal of All-Clad pans when we move...
- Advertisement -spot_img

More Articles Like This

- Advertisement -spot_img