Microsoft reports Q1 capex of $45.2B, up from $34.9B a year earlier and below its own $50B projection, and free cash flow of $18.6B, vs. $8.54B est. by analysts (Deborah Sophia/Reuters)
Microsoft’s free cash flow exceeded analyst estimates by $10.06 billion.
Free cash flow reached $18.6 billion, more than twice the $8.54 billion expected. Capital spending was $4.8 billion below Microsoft’s $50 billion projection. At $45.2 billion, spending still rose roughly 30% from a year earlier. Reuters also reported that quarterly cloud revenue surpassed expectations.
Techmeme's note
Free cash flow reached $18.6 billion, more than twice the $8.54 billion expected. Capital spending was $4.8 billion below Microsoft’s $50 billion projection. At $45.2 billion, spending still rose roughly 30% from a year earlier. Reuters also reported that quarterly cloud revenue surpassed expectations.
Techmeme's note
score 7