Microsoft Earnings Top Views

It's Benzinga, bringing Wall Street to Main Street. Microsoft reported first quarter adjusted earnings of $4.89 per share on revenue of $92.28 billion, up 19% year over year, according to data from Benzinga Pro. Both topped Wall Street estimates of $4.72 per share and $90.66 billion in revenue. Agents and infra revenue rose 25% to $76.8 billion, including Microsoft Cloud revenue of $63.9 billion, up 30%. Azure revenue climbed 48%. Devices and consumer revenue fell 3% to $15.5 billion. OEM and devices revenue declined 22%, while Xbox revenue dropped 2%. Search and advertising revenue increased 12%. Microsoft CFO Amy Hood said results exceeded expectations across revenue, operating income, and earnings per share. Microsoft shares rose 3.98% to $552.48 in after-hours trading Wednesday, just below their 52-week high. For all things money, visit Benzinga.com.