Analytical Reviews

Bekommen Sie die neuesten wirtschaftlichen Nachrichten von ForexMart, einschließlich Updates aus Finanzmarkt, Zentralbankpolitiksankündigungen, finanzielle Indikatoren und andere relevante Nachrichten, die die Branche beeinflussen können.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Microsoft shares fell amid the release of a weak report


January, 25 2023
watermark Economic news

Microsoft shares jumped 5.26% to $254.79 in postmarket trading. However, then the dynamics changed, and according to the results of the postmarket, the IT giant's securities fell by 1.02%, to $234.64.


On Tuesday, Microsoft released its financial report for the second fiscal quarter, which ended in December 2022. The company reported a 7% decrease in adjusted net profit to $17.4 billion. Earnings per share (EPS) fell 6% to $2.32. At the same time, analysts predicted EPS at $2.29.


Microsoft's total revenue grew by 2% and reached $52.75 billion, while Wall Street forecast $52.94 billion. This was the lowest increase in quarterly revenue since 2016.


Experts also note that Microsoft is increasingly becoming cloud-based. The share of various kinds of cloud services already accounts for 40% of revenue and more than 40% of operating profit. At the same time, the corporation began to earn less in other segments. Thus, revenues from PC products, including the Microsoft Windows operating system and Office software, decreased by 19% to $14.2 billion.


The corporation also gave a forecast that disappointed investors: it is expected that in the third fiscal quarter revenue will be from $50.5 billion to $51.5 billion, which is about 3% more than a year earlier. Analysts predicted that revenue in the current quarter would be $52.43 billion.


hinterlassen

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.