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Microsoft Corp MSFT

Alternate Symbol(s):  N.MSFT

Microsoft Corporation is a technology company. The Company develops and supports software, services, devices, and solutions. The Company’s segments include Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of products and services in its portfolio of productivity, communication, and information services. This segment primarily comprises: Office Commercial, Office Consumer, LinkedIn, and Dynamics business solutions. The Intelligent Cloud segment consists of server products and cloud services, including Azure and other cloud services, SQL Server, Windows Server, Visual Studio, System Center, and related Client Access Licenses (CALs), and Nuance and GitHub; and Enterprise Services, including enterprise support services, industry solutions and Nuance professional services. The More Personal Computing segment primarily comprises Windows, Devices, Gaming, and search and news advertising.


NDAQ:MSFT - Post by User

Post by JasleenDhakaon Nov 04, 2022 2:57pm
128 Views
Post# 35074102

Microsoft is expecting double-digit revenue growth this year

Microsoft is expecting double-digit revenue growth this year Tech stocks to be under pressure due to slow GDP growth Forecasts!

• Microsoft saw an 11% YoY revenue growth in its Q1-2023 (quarter ended September).

• EPS was 3% below our estimate as R&D expenses were higher than expected. We think the company will continue investing in its Research & Development in cloud services and LinkedIn.

• The revenue growth came from server products and cloud services (22% YoY), LinkedIn (17% YoY), and search news/ads (10% YoY)

• Microsoft is expecting double-digit revenue growth this year.

Our Projections:

We are maintaining our FY2023 revenue forecast of $222B, which reflects 12% growth. FY2022 revenue was up 18%.

We are expecting a soft Q2, followed by a rebound in the second half. Q2 is likely to be impacted by a strong US$, lower global PC sales, and weaker ad spending.

Report link: https://www.researchfrc.com/microsoft-corp-nasdaq-msft-powells-stern-message-is-bad-news-for-tech-stocks/?utm_source=stockhouse.com&utm_medium=Referral&utm_campaign=stockhouse.com&utm_id=Microsoft

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