Summary

Microsoft Beats but Guides Lower

Microsoft (MSFT) reported 1st Quarter September 2024 earnings of $3.30 per share on revenue of $65.6 billion. The consensus earnings estimate was $3.08 per share on revenue of $64.4 billion. The Earnings Whisper number was $3.10 per share. Revenue grew 16.0% on a year-over-year basis.

The company said during its conference call it expects second quarter revenue of $68.10 billion to $69.10 billion. The current consensus revenue estimate is $69.62 billion for the quarter ending December 31, 2024.

Microsoft Corp is engaged in designing, manufacturing, selling devices, and online advertising to a global customer audience. Its products include operating systems for computing devices, servers, phones, and other intelligent devices.

Earnings Release

Microsoft earnings press release available on Investor Relations website

REDMOND, Wash., Oct. 30, 2024 /PRNewswire/ -- Microsoft Corp. on Wednesday announced that fiscal year 2025 first-quarter financial results are available on its Investor Relations website. The direct link to the earnings press release is https://www.microsoft.com/en-us/Investor/earnings/FY-2025-Q1/press-release-webcast.

As previously announced, the company will host a conference call at 2:30 p.m. Pacific Time. A live webcast of the call can be accessed on Microsoft's Investor Relations website at https://www.microsoft.com/en-us/Investor/.

Microsoft (Nasdaq "MSFT" @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

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SOURCE Microsoft Corp.