Azure Growth Accelerates to 48% as Microsoft Tops Estimates
MSFT sits 58% above its 52-week low of $349.2.
Summary
Microsoft's fiscal Q1 revenue came in at $92.28 billion, up 19% and well above the $90.62 billion analysts expected, with Azure growing 48%. Profit rose to $36.63 billion, or $4.92 a share, from $27.75 billion, or $3.72 a share, a year earlier; adjusted EPS of $4.89 also beat the $4.71 consensus. The new Agent and Infra segment contributed $76.8 billion of revenue. Shares rose 4% to $552.33 in after-hours trading after closing roughly flat at $531.01. The beat eases concerns about whether the massive AI infrastructure build-out will pay off, and follows last quarter's cut to the calendar-2026 capex forecast to about $175 billion from roughly $190 billion. Microsoft also said Monday it is extending buyout offers to around 60,000 employees, part of a broader workforce pullback as AI spending ramps.
At the time of this announcement, MSFT was trading at $553.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.9T. The 52-week trading range was $349.20 to $553.72. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.