Microsoft’s Cloud Revenue Slowed, But Should Investors Worry?

Microsoft (MSFT) reported its fiscal fourth-quarter (Q4) financial results on July 30, which exceeded market expectations for revenue and earnings per share (EPS). The technology giant’s revenue for the quarter reached $64.73 billion, a 15% increase year-over-year, surpassing the Street’s expectations of $64.39 billion. Additionally, its EPS climbed 10% to $2.95, exceeding analysts’ forecasts of $2.93.

As for the full year, Microsoft’s annual revenue was over $245 billion, up 15% year-over-year. Further, its revenue surpassed $135 billion, up 23%.