00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Microsoft reported first quarter adjusted earnings of $4.89 per share on revenue of $92.28 billion,
00:11up 19% year over year, according to data from Benzinga Pro.
00:16Both topped Wall Street estimates of $4.72 per share and $90.66 billion in revenue.
00:24Agents and infra revenue rose 25% to $76.8 billion, including Microsoft Cloud revenue of $63.9 billion, up
00:3430%.
00:35Azure revenue climbed 48%.
00:38Devices and consumer revenue fell 3% to $15.5 billion.
00:44OEM and devices revenue declined 22%, while Xbox revenue dropped 2%.
00:50Search and advertising revenue increased 12%.
00:54Microsoft CFO Amy Hood said results exceeded expectations across revenue, operating income, and earnings per share.
01:02Microsoft shares rose 3.98% to $552.48 in after-hours trading Wednesday, just below their 52-week high.
01:13For all things money, visit Benzinga.com.
