These Analysts Slash Their Forecasts On Microsoft Following Q2 Results

Microsoft Corp. (NASDAQ:MSFT) reported better-than-expected second-quarter financial results after market close on Wednesday.Microsoft reported second-quarter revenue of $81.3 billion, up 21% year-over-year. The total beat a Street consensus estimate of $80.25 billion, according to data from Benzinga Pro. The company reported non-GAAP earnings per share of $4.14, beating a Street consensus estimate of $3.86.“Microsoft Cloud revenue crossed $50 billion this quarter, reflecting the strong demand for our portf ...