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Microsoft Q3 guidance beats revenue estimates

Published 02/01/2018, 09:48 AM
© Reuters.  Microsoft Q3 guidance beats revenue estimates
MSFT
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  • Microsoft (NASDAQ:MSFT) provides Q3 revenue guidance on its earnings call.
  • Revenue, about $25.25B to $25.95B (consensus: $25.53B); Productivity and Business Processes, $8.6B to $8.8B; Intelligent Cloud, $7.55B to $7.75B; More Personal Computing, $9.1B to $9.4B.
  • The company expects the effective tax rate for H2 to be 14% to 18% with a slightly below 21% effective tax rate for FY19.
  • Microsoft sees FY18 operating margin slightly up on the year with roughly flat gross margin.
  • Microsoft shares are down 0.3%.
  • Previously: Microsoft -1.3% despite Q2 beats, 98% Azure growth (Jan. 31)
  • Now read: Danger Zone Highlights And Lowlights From 2017


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