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Microsoft’s First Quarter 2021 Results Look Good (Guest post)

Microsoft’s First Quarter 2021 Results Look Good (Guest post)

Microsoft’s results seem good despite the pandemic.

Microsoft reports $36.9 billion in Q2 2020 revenue: Azure up 62%, Surface up 6%, and LinkedIn up 24% | VentureBeat

This post was originally posted here. The writer, Kyith Ng is a veteran community member and blogger on InvestingNote, with a username known as @kyith and has 1097 followers.

US tech giant Microsoft announced their Q1 2021 results yesterday morning.

They achieve per-share profit growth of $1.82, beating analysts’ expectations of $1.54 a share.

The after-market share performance was muted. In fact, it’s nearly 1.5% lower. But due to the broad market fall this morning (28th Oct) the stock is down almost 5% to $203.

It has been consistently drilled into my head at work that the market is forward-looking in theory. And in a few practical cases, it is the case. After-market movements reflect the general crowd’s sentiments towards their expectations of future cash flows.

Microsoft’s results were not too bad in Q1 2021.

  • Revenue was $37.2 billion and increased 12%
  • Operating income was $15.9 billion and increased 25%
  • Net income was $13.9 billion and increased 30%
  • Diluted earnings per share was $1.82 and increased 32%

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