Microsoft (MSFT) earnings Q3 2022

Microsoft Equities fell 1% in an extended deal on Tuesday after software makers announced third-quarter earnings that exceeded analysts’ expectations.

The company’s way is as follows.

• Revenue: According to Refinitiv, analysts expected $ 2.19 against adjusted $ 2.22 per share.
• Revenue: According to Refinitiv, it’s $ 49.36 billion, compared to what analysts expected at $ 49.50 billion.

Microsoft’s revenue increased 18% year-over-year in the quarter ended March 31st, Last quarter,according to statement.. Sales and marketing spend totaled $ 5.6 billion, up 10% year-over-year and the fastest growing in more than three years.

The company’s intelligent cloud segment includes Microsoft’s Azure public cloud for application hosting, SQL Server, Windows Server, and enterprise services, generating $ 19.05 billion in revenue. That’s up 26%, and the consensus among analysts surveyed by Street Account is above $ 18.9 billion.

Revenue from Azure and other cloud services increased 46% this quarter compared to 46% growth last quarter. According to a CNBC survey of 13 analysts, the forecast was 45.3%, while analysts surveyed by Street Account wanted growth of 43.6%.

Microsoft’s productivity and business process segments, including Office productivity software LinkedIn and Dynamics, generated $ 15.79 billion in this quarter, slightly above Street Account’s consensus estimate of $ 15.75 billion.Microsoft Raised the price For certain Office 365 productivity software subscriptions during the quarter

The more personal computing segment, including Windows, Xbox, Search Advertising and Surface, saw revenue of $ 14.52 billion, up 11%, surpassing Street Account’s consensus of $ 14.27 billion.

Microsoft said revenue from selling Windows licenses to PC makers increased 11% this quarter. Microsoft predicted high single-digit growth in January.Research firm Gartner estimates PC shipments Down 6.8% in the quarterAfter the pandemic market expansion, it shows a sharp decline since the first quarter of 2020.Excluding running PCs Google Shipments of the popular Chrome OS operating system at Covid increased by 3.9%.

Revenues from security products and services fall into each of Microsoft’s three segments. In January, Microsoft announced that security revenue would increase by nearly 45% in 2021, faster than other major product categories. For the first time last year, the company disclosed financial figures for its security business. Surprised some observers..

Microsoft in the quarter Announce the plan Acquire a video game publisher Activision Blizzard The largest deal in Microsoft’s 47-year history, $ 68.7 billion.Microsoft has also closed Nuance Communications Acquisition and layout strategy Industry nuances are focused on expanding healthcare. Nuance robbed Microsoft of a penny from its quarterly revenue, but added $ 111 million in revenue.

Excluding off-hours movements, Microsoft’s share price has fallen 19% since the beginning of 2022, below the S & P 500 index, which fell about 12% over the same period.

Executives will discuss the results with analysts and issue guidance on the conference call starting at 5:30 pm ET.

This is breaking news. Please check for updates.

look: “We see about 1,000 vulnerabilities patched annually by Microsoft,” said Weingarten of SentinelOne.