Microsoft Cloud revenue falls short of analyst estimates
In This Article:
Microsoft (MSFT) reported fiscal second quarter earnings of $3.23 per share. Revenue of $69.6 billion was just ahead of the Bloomberg consensus estimate of $68.92 billion. However, Cloud revenue of $40.9 billion was short of the expected $41.1 billion.
Market Domination Overtime Anchors Julie Hyman and Josh Lipton are joined by Interactive Brokers chief strategist Steve Sosnick to break down the breaking details.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Stephanie Mikulich.
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