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Microsoft's Stock Surges Over 8% After Hours as Q4 Results Exceed Expectations Across the Board, Guidance for Capital Expenditures Lowered
22 hour ago /
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Author：小编
Microsoft's fourth-quarter performance (ending June 30, 2026) exceeded Wall Street expectations across the board, with outstanding results in revenue, adjusted earnings per share, and operating profit. The cloud business was particularly robust, with overall cloud revenue and growth in cloud services such as Azure surpassing expectations. The company announced a reduction in its capital expenditure forecast for fiscal year 2027 to $175 billion and expects to maintain positive free cash flow. In response to this news, Microsoft's stock price surged over 8% in after-hours trading, reaching $423.04.
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