What was so bad about Microsoft's $MSFT+0.0% results that the stock price is falling in the premarket?
I've only found so far:
EPS of $2.69 beating expectations of $2.54
Revenue of $56.2B beating expectations of $55.4B
Microsoft
MSFTCapital Structure
Market Cap
3.2T
Enterpr. Val.
3.3T
Valuation
P/E
36.5
P/S
13.1
That doesn't sound too bad to me, but it's a sketchy picture, I haven't gotten to the results properly yet.
Microsoft's fiscal quarter earnings revealed a gradual decline in Azure cloud revenue growth that overshadowed quarterly gains. Microsoft reported year-over-year revenue growth from Azure and other cloud services of 26% for the fourth quarter, down 1 percentage point from the previous quarter.