Microsoft (MSFT) beat revenue and EPS estimates, showing growth in all segments.

From Nasdaq: 2024-10-30 19:00:12

Microsoft (MSFT) reported revenue of $65.59 billion, up 16% YoY, with EPS at $3.30. The company beat the Zacks Consensus Estimate for revenue and EPS. Key metrics show growth across all segments, with revenue from Productivity and Business Processes up 52.3% YoY. Shares rose +2.7% in the past month, holding a Zacks Rank #3.

A top semiconductor stock, 1/9,000th the size of NVIDIA, is poised for growth amid rising demand for AI, ML, and IoT. The global semiconductor market is expected to reach $803 billion by 2028. Investors can access this stock for free to capitalize on the anticipated boom in the industry.



Read more at Nasdaq: Microsoft (MSFT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates