Microsoft executives interpret the Q3 Earnings Reports: There will still be supply shortages by the end of the year, but they maintain an optimistic attitude.
Microsoft released the Earnings Reports for the third quarter of fiscal year 2025: revenue reached 70.066 billion USD, a year-on-year increase of 13%, and a 15% increase year-on-year when excluding the impact of Exchange Rates; Net income was 25.824 billion USD, a year-on-year increase of 18%, and a 19% increase year-on-year when excluding the impact of Exchange Rates. Microsoft's revenue and EPS for the third quarter exceeded Wall Street Analysts' previous expectations, significantly boosting its after-hours stock price by over 5% (Note: Microsoft's fiscal year does not align with the calendar year). After the release of the Earnings Reports, Microsoft CEO Satya Nadella, executive vice president and
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Bank of America warns about the "tariff storm" in the Software industry, with subscription models becoming a safe haven.
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Piper Sandler Maintains Snowflake(SNOW.US) With Buy Rating, Cuts Target Price to $175
Snowflake Is Maintained at Overweight by Piper Sandler