Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand
- Microsoft released fiscal third-quarter results for the period ending March 31, 2025, with CEO Satya Nadella addressing an analyst call from Redmond.
- The results followed significant factors including a slowdown in Azure non-AI revenue, adjustments in capital spending plans, and the recent tariff announcements by President Trump.
- Microsoft reported earnings per share near $3.22 and revenue of about $68.42 billion, implying a 10.6% annual growth rate, the slowest in two years according to analyst consensus.
- Nadella emphasized that Microsoft will adapt to any changes in geopolitical or economic conditions, while CFO Amy Hood highlighted a planned reduction in capital expenditure growth for fiscal 2026 and mentioned ongoing adjustments to Azure sales incentives.
- The earnings beat and ongoing AI investments, including an $80 billion commitment this fiscal year, suggest Microsoft aims to navigate market challenges and support future growth despite current headwinds.
98 Articles
98 Articles
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