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  Microsoft (MSFT) is benefiting from a second wave of digital transformation as well as strength in gaming, which helped the company once again drive material upside compared with its revenue and EPS outlook for the quarter. Guidance for the third quarter was nicely above consensus as well. Azure remains strong, while consumer-related revenue was once again ahead of our expectations as the global lockdowns continued this quarter. Importantly, commercial bookings and RPO, two forward-looking m...

Microsoft has trounced earnings estimates on strong cloud and PC results, in what CEO Satya Nadella called “a second wave of digital transformation.”

Microsoft Corp. (NASDAQ: MSFT) reported its financial results for the fiscal second quarter on Tuesday that topped analysts’ estimates for earnings and revenue. Microsoft shares were reported more than 4% up in after-hours trading on Tuesday. Including the price action, the stock is now trading at a per-share price of £176.63. In comparison, it had […]

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Reseller News Join Reseller News Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.Sign up now Microsoft chief heralds ‘second wave’ of global digital transformation Comes as the vendor sees gains across the board Satya Nadella (Microsoft) Credit: Microsoft Microsoft CEO Satya Nadella has heralded the arrival of a “second wave” of digital transformation throughout industry as his company flags a 34 per cent y...

An impressive growth in its Azure Cloud business in a pandemic-hit year helped Microsoft post a 17 per cent increase in its revenue which reached $43.1 billion, with declaring a net income of $15.5 billion, for the quarter ended December 31, ...

A boom in PC sales, surging demand for video gaming, and increased usage of the company’s cloud services combined to produce a 17 per cent surge in revenue, to $55.7 billion.

Microsoft Announces 17% Revenue Increase Thanks to 50% Azure Growth Jan 27, 2021 15:35 GMT      Microsoft says revenue increased last quarter Microsoft has posted its FY21 Q2 financial results, and unsurprisingly, it has been a pretty solid quarter for the software giant, with its cloud offering spearheading the market push worldwide. More specifically, the Redmond-based software giant reported $43.1 billion in revenue, an increase of no less than 17 percent, while the operating income ju...

Microsoft profit soars as pandemic speeds shift to cloud

Xbox Game Pass driving revenue at Microsoft after crossing 18 million subscribers Xbox Game Pass has amassed over 18 million subscribers, according to Microsoft CEO Satya Nadella.  The latest milestone means the Netflix-like subscription service -- which offers access to Xbox Games Studios releases and a selection of third-party titles for a monthly fee -- has added 3 million users since September 2020, when it boasted 15 million subscribers. Nadella also indicated that th...