Microsoft (MSFT) Revenue Second Quarter 2021

Microsoft’s share price rose 6% on Tuesday’s extended deal. This is Azure cloud revenue growth after the company reported second-quarter revenue and quarterly revenue guidance that exceeded analysts’ expectations.

Here’s how the company works:

  • Revenue: According to Refinitiv, it’s adjusted to $ 1.64 per share, compared to what analysts expected to be $ 2.03 per share.
  • Revenue: According to Refinitiv, it’s $ 43.80 billion, compared to analysts’ forecast of $ 40.18 billion.

According to the statement, Microsoft’s revenue increased 17% on an annual basis, up from 12% in the previous quarter.

In terms of guidance, Microsoft expects third-quarter revenue of $ 40.35 billion to $ 4.12 billion. The $ 40.8 billion in the middle of the range means growth of 16.5%, higher than the $ 38.70 billion consensus among analysts surveyed by Refinitiv.

Revenue from Microsoft’s Intelligent Cloud business segment in the second quarter totaled $ 14.60 billion. This segment includes server products and enterprise services such as Azure public cloud, Windows Server, and GitHub. Revenues increased 23% year-over-year, surpassing the $ 13.77 billion consensus among analysts surveyed by FactSet.

According to Microsoft, Azure revenue increased by 50%. Analysts expected growth of about 42%. Microsoft does not disclose Azure revenue in dollars.

The More Personal Computing segment, which includes Windows, games, devices and search advertising, generated $ 15.12 billion in revenue. That’s up 14%, surpassing FactSet’s consensus estimate of $ 13.47 billion. Technology industry research firm Gartner estimates that PC shipments, excluding Chromebooks, increased by 10.7% this quarter.

The segment’s operating margin shrank from 40% to 34.6% after the introduction of two Xbox video game consoles in November. Analysts polled by FactSet expected a 26% margin from the segment. The company currently has 18 million people subscribed to the Xbox Game Pass service to access dozens of games, starting with 15 million in September.

Revenues in the productivity and business process segments, including Office, Dynamics and LinkedIn, were $ 13.35 billion, up 13% to exceed the $ 12.89 billion consensus.

Microsoft released a $ 500 Xbox Series X and a $ 300 Series S console this quarter, as well as a smaller version of the Surface Laptop PC called the Surface Laptop Go. The company also said it had accessed parts of the source code after detecting malicious SolarWinds software in its environment.

Amy Hood, Microsoft’s chief financial officer, said in a conference call with analysts that double-digit revenue growth and “healthy operating profit” will end on June 30th, even after the useful life has changed. He said he was expecting “expansion of.” Savings related to the number of servers and coronavirus.

Microsoft shares closed at $ 232.33 per share on Tuesday, hitting a record high for the first time since September. Excluding non-business hours, Microsoft’s share price has risen about 5% since the beginning of 2021 and the S & P 500 index has risen about 3%.

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Microsoft (MSFT) Revenue Second Quarter 2021

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