Microsoft Reported Better Than Expected Q2 Results
<p><a href='https://financialmodelingprep.com/financial-summary/MSFT'>Microsoft Corporation (NASDAQ: MSFT) </a>reported strong results today, with EPS coming in at $2.48, which is better than the Street expectation of $2.31. Revenues grew 20% year-over-year to $51.7 billion, beating the Street estimate of $50.88 billion. </p>
<p>Analysts at Wedbush provided a note on the company following the results, highlighting the robust performance as more enterprises continue to move to the cloud. </p>
<p>The company’s stock was trading around 4% lower after-hours following the results, which may be due to Azure growth coming in at 46% (while beating the consensus estimate of 45%), which was lower than some bullish expectations of around 48%. At the time of writing, the stock was trading 1% higher after-hours.</p>

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