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Microsoft (MSFT) earnings Q3 2022

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Microsoft CEO Satya Nadella speaking at the DLD (Digital-Life-Design) conference in Munich, Germany, on Jan. 16, 2017.

picture alliance | dpa | picture alliance | Getty Images

MicrosoftAfter the market closes on Tuesday, we will release fiscal third quarter earnings.

This is what Wall Street expects:

  • Earnings:According to Refinitiv, $2.19 per share is adjusted.
  • Revenue:According to Refinitiv, analysts expect $49.05 trillion

Microsoft – Quarterly announced a planTo acquire a video-game publisher Activision BlizzardThe largest deal in Microsoft’s 47 year history was closed for $68.7 Billion. Microsoft closed also its Nuance CommunicationsAcquisition of and laid out a strategyNuance’s industry is focused on expanding health care.

Gartner Research estimated that PC shipping would increase by 5% in the next five years. fell 6.8% in the quarterThis is the largest decline in the market since 2020’s first quarter, which was fueled by a pandemic. Excludes PCs that are running Google’sChrome OS, the operating system that became increasingly popular in Covid, saw shipments rise by 3.9%. Amy Hood, Microsoft’s chief financial officer, called for single-digit growth of Windows licensing sales to PC manufacturers, despite ongoing shortages.

Microsoft, too raised the pricesThe quarter saw the renewal of some Office 365 productivity programs subscriptions. Some organizations may have renewed their subscriptions to Office 365 productivity software before March’s increases took effect.

Russia invaded Ukraine also during this quarter. Microsoft is aware of the situation. disrupted Russia-backed cyberattacksThis was a targeted attack on Ukraine and highlights the company’s cybersecurity abilities. Security revenue is growing fasterUnlike any other category in which the company conducts business.

Microsoft shares are underperforming the S&P 500 so far this year. The wider U.S. Index has fallen less than 10%, but they’ve dropped 17%.

On a conference phone call at 5:30 pm, executives will share the results with analysts. They also issue guidance. ET.

This is important breaking news. Keep checking back for more updates.

WATCH: ‘We’re seeing about a thousand vulnerabilities patched by Microsoft each year,’ says SentinelOne’s Weingarten

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