Microsoft’s earnings report Wednesday proved that its slow-and-steady focus on enterprise cloud services is paying off. The company beat analysts’ expectations for revenue and earnings for its fiscal second quarter and provided strong guidance for the following quarter. The company is guiding for revenue of $34.1 billion to $34.9 billion in the fiscal third quarter, in line with the consensus estimate of $34.16 billion. Read More...
Microsoft is pulling away from competitors, as a banner quarter shows
Microsoft’s earnings report Wednesday proved that its slow-and-steady focus on enterprise cloud services is paying off. The company beat analysts’ expectations for revenue and earnings for its fiscal second quarter and provided strong guidance for the following quarter. The company is guiding for revenue of $34.1 billion to $34.9 billion in the fiscal third quarter, in line with the consensus estimate of $34.16 billion.
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