By Proactive
Publication Date: 2026-10-28 20:22:00
Microsoft Corp (NASDAQ:MSFT) reported first-quarter revenue and profit above analyst expectations on Wednesday, driven by 48% growth in its Azure cloud platform and stronger spending discipline, sending shares up over 5% in after-hours trading.
Revenue for the quarter rose 19% from a year earlier to $92.3 billion, topping the $90.69 billion analysts had expected. Adjusted earnings per share rose 18% to $4.89, compared with an estimate of $4.73.
Operating income climbed 21% to $45.9 billion, ahead of the $44.06 billion estimate, while adjusted net income came in at $36.4 billion versus an expected $35.13 billion.
Azure and other cloud services revenue reached $33.2 billion, up 48% both as reported and excluding currency effects. Analysts had forecast growth of roughly 45%.
Microsoft Cloud revenue rose 30% to $63.9 billion.
Capital expenditure totaled $39.4 billion, below the $46.59 billion analysts expected, equal to about…
