MSFT reported post close overnight with a solid set of results, mildly above market expectations, confirming their push into AI is helping to drive growth.
- Q1 Revenue $US65.59bn, ahead of expectations of $US64.51bn
- EPS $US3.30 ahead of consensus of $US3.11
- AI Contributed 12 Pts to Azure Rev Growth
The results were a shade better than expected on key metrics, including earnings, sales, and operating margins, while Azure growth was “healthy”
The CEO saying….“AI-driven transformation is changing work, work artefacts, and workflow across every role, function, and business process. We are expanding our opportunity and winning new customers as we help them apply our AI platforms and tools to drive new growth and operating leverage.”
MM remains long & bullish MSFT
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