Here is what prime Wall Avenue analysts needed to say about Microsoft’s earnings report
Satya Nadella, chief government officer of Microsoft Corp., attends the Viva Tech start-up and know-how gathering at Parc des Expositions Porte de Versailles on Might 24, 2018, in Paris. The third version of VivaTechnology brings collectively practically 1,800 start-ups alongside the most important worldwide teams.
Christophe Morin | IP3 | Getty Pictures
Software program big Microsoft delivered a strong report for its fiscal third quarter on Tuesday, however the inventory was down barely in premarket buying and selling as some Wall Avenue analysts mentioned that the expansion was not dramatic sufficient to fulfill sure buyers.
Microsoft beat expectations on the highest and backside traces for the quarter, and several other segments, together with its Azure cloud enterprise, grew sooner than anticipated, in response to estimates compiled by FactSet.
Shares had been down 2.2% in premarket buying and selling Wednesday. Here is how Wall Avenue analysts reacted to the report.
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