- Adjusted EPS $4.89 vs estimate $4.71
Microsoft beat Q1 estimates with $4.89 EPS on $92.3B revenue. CapEx of $45.2B missed the $51B consensus but is set to rise. Azure grew 48%. The company launched a $25B+ bond offering, its first long-term debt since 2017. Free cash flow of $18.6B topped expectations. Shares fell 0.8%.
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