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Microsoft beat fiscal Q2 estimates

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Miguel A. Rodriguez
Miguel A. Rodriguez
27 January 2022
The company's gaming business is the center of attention following Activision Blizzard acquisition plans

In fiscal Q2 2022, Microsoft topped earnings per share and revenue expectations. The tech behemoth revealed an adjusted EPS of $2.48 while the market looked for $2.31. At the same time, revenue came in at $51.73 billion, higher than the $50.88 billion previously touted. Revenue increased 20% compared to the previous year's numbers, while compared to the fiscal Q1 2022, it grew 22%.

Microsoft's Intelligent Cloud segment, including the Azure public cloud, GitHub, and Windows Server, generated $18.33 billion in revenue, marking a 25.5% growth compared to the previous figures.

The company's game segment – which now accounts for almost 11% of the overall revenue – caught investors' eyes this month after Microsoft revealed plans to purchase Activision Blizzard for $68.7 billion, the largest deal in Microsoft's 46-year history.

For fiscal Q3 2022, Microsoft expects the revenue to reach a high of $49.3 billion, topping the $48.23 billion market consensus.

At the moment of writing, Microsoft's stock price was trading 3.89% higher.

Sources: cnbc.com, finance.yahoo.com

This information/research prepared by Andreas Thalassinos does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.