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Revenue was $52.7 billion and increased 2% Operating income was $20.4 billion GAAP and $21.6 billion non-GAAP, and decreased 8% and 3%, respectively Net i
by hbcondo714 4y ago
Revenue was $52.7 billion and increased 2%
Operating income was $20.4 billion GAAP and $21.6 billion non-GAAP, and decreased 8% and 3%, respectively
Net income was $16.4 billion GAAP and $17.4 billion non-GAAP, and decreased 12% and 7%, respectively
Diluted earnings per share was $2.20 GAAP and $2.32 non-GAAP, and decreased 11% and 6%, respectively
- MuffinFlavored 4y agoEarnings: $2.32 per share, adjusted, vs. $2.29 per share as expected by analysts, according to Refinitiv. Revenue: $52.75 billion, vs. $52.94 billion as expected by analysts, according to Refinitiv. https://www.cnbc.com/2023/01/24/microsoft-msft-earnings-q2-2023.html https://www.cnbc.com/2023/01/24/microsoft-msft-earnings-q2-2... I really can't tell how to judge this. What will this cause reaction wise in terms of "what does this signal for the other top S&P players"? Is it really a "beat" if guidance was lowered? Did they mention anything about forward guidance? Is that what matters more?
- adam_arthur 4y agoBeat references results relative to expectations for the quarter. But yes, guidance generally matters more than the actual quarterly results. Which is why MSFT is flat now after giving weak guidance on their call. Of course, it’d be kind of silly to not sandbag your guidance in this environment. There’s very little to gain by setting expectations high
- deleted 4y ago[deleted]