Microsoft reported its quarterly earnings on Wednesday after the bell, appearing a blank, however modest, beat at the most sensible and backside traces. It additionally introduced a one-time fee of $13.eight billion associated with the newly-passed tax invoice.
At the time of writing, Microsoft inventory was once down about 1% to round $95 in line with percentage.
- Earnings in line with percentage of $zero.96 as opposed to $zero.86 anticipated.
- Revenue of $28.92 billion as opposed to $28.39 anticipated.
Microsoft buyers are particularly prepared to peer additional expansion within the corporate’s key cloud companies, together with Office 365 and the Azure cloud. Last quarter, Microsoft introduced it had hit its purpose of accomplishing a $20 billion annualized cloud run price.
Get the most recent Microsoft inventory worth right here.