Microsoft Beats On Earnings And Revenue, Lifts Outlook On Azure Strength, Eyes Long-Term AI Expansion

Benzinga

Microsoft shares jumped 9% in after-hours trading Wednesday after strong Azure-driven earnings and upbeat guidance exceeded expectations. The tech giant beat LSEG consensus estimates with earnings of $3.46 per share and revenue of $70.07 billion. Microsoft projected fourth-quarter revenue between $73.15 billion and $74.25 billion, surpassing the $72.26 billion consensus at the midpoint. It also expects Azure growth of 34% to 35%, ahead of the 31.5% estimate. CEO Satya Nadella said Microsoft plans to spend $80 billion in fiscal 2025 on AI-focused data centers, with costs potentially rising due to tariff-related import expenses.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Microsoft shares jumped 9% in After Hours Trading Wednesday after strong Azure-driven earnings

00:06and upbeat guidance exceeded expectations. Tech Giant beat LSEG consensus estimates with

00:12earnings of $3.46 per share, revenue of $70.07 billion. Microsoft rejected fourth quarter revenue

00:19between $73.15 billion and $74.25 billion, which passed the $72.26 billion consensus

00:25in the midpoint. It also expects observed growth of 34-35% ahead of the 31.5% estimate.

00:32CEO Satya Nandela said Microsoft plans to spend $80 billion in fiscal 2025 on AI-focused data

00:37centers with costs potentially rising due to tariff-related import expenses.

00:41For all things money, visit Benzinga.com slash GSTV.

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