Microsoft set to report earnings after the bell
Publishing timestamp: 2024-04-25 12:00:01
Summary
Microsoft will provide guidance on conference call with analysts at 5:30 pm ET. The company started selling its Copilot artificial intelligence add-on for small businesses with subscriptions to Microsoft 365 productivity software during the quarter. Analysts are looking for 15.0% year-over-year revenue growth, slightly higher than the forecast given in January. Azure cloud services growth is expected to slow to 28.8%. Microsoft also hired Mustafa Suleyman, co-founder of DeepMind, to run a new Microsoft AI group. Stock is up 4% so far this year.
Sentiment: NEUTRAL
Tickers: MSFT,
Keywords: earnings, enterprise, business news, technology, microsoft corp, breaking news: technology, breaking news: earnings, business,
Source: https://www.cnbc.com/2024/04/25/microsoft-msft-q3-earnings-2024.html