Microsoft Guides Q2 Revenue Up to $97.1 Billion Following Strong Q1 Results
Microsoft Corporation forecasted fiscal second-quarter revenue between $96 billion and $97.1 billion, representing 18% to 19% growth, with constant-currency Azure growth projected at 49% to 50%. The guidance follows stronger-than-expected first-quarter results, where adjusted earnings per share of $4.89 beat estimates of $4.71, and revenue increased 19% to $92.28 billion. Azure revenue rose 48% year over year to $33.2 billion. Capital expenditures totaled $45.2 billion in the first quarter and are projected to surpass $50 billion in the second quarter to support expanding artificial intelligence demand.