Key insights
- Microsoft's stock surged 5% in extended trading following a strong fiscal first-quarter earnings report. The company exceeded analyst expectations for both earnings per share and revenue. Notably, Azure cloud revenue reached $33.17 billion, up 48% year-over-year, surpassing analyst estimates and showing an acceleration in growth from the previous quarter. This performance highlights robust cloud segment expansion.
Microsoft shares rose 5% in extended trading on Wednesday after the software maker reported fiscal first-quarter results that came in stronger than analysts had expected.
Here’s how the company fared relative to LSEG consensus:
- Earnings per share: $4.89 adjusted vs. $4.73 expected * Revenue: $92.28 billion vs. $90.69 billion expected
Microsoft’s revenue grew 19% year over year in the quarter, which ended on Sept. 30, according to a statement.
For the first time in an earnings statement, Microsoft disclosed revenue from its Azure cloud in dollars, at $33.17 billion in the quarter, up 48%. Analysts polled by StreetAccount had expected $32.32 billion, which would have represented growth of more than 44%. The growth rate in the June quarter was 42%.
Source: https://www.cnbc.com/2026/10/28/microsoft-msft-q1-earnings-report-2027.html