• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Equities Company Results

Microsoft shares fall, despite impressive Q2 2020

Olumide Adesina by Olumide Adesina
July 23, 2020
in Company Results, Stock Market
China will not accept any Microsoft-TikTok deal, Microsoft acquires CyberX to beef cybersecurity , Microsoft outlook users experience Software Blackout.
Share on FacebookShare on TwitterShare on Linkedin

In spite of an impressive Q2 2020 result released by Microsoft, it shares fell as much as 3% after-hours trading.

This fall was largely attributed to the company saying its transactional license purchasing continued to slow and that subsidiary LinkedIn was negatively impacted.

Here’s the highlight of Microsoft Q2 2020 result;

RelatedStories

Visa and Microsoft partner to empower Nigeria’s fintech ecosystem at AI skills week 

Visa and Microsoft partner to empower Nigeria’s fintech ecosystem at AI skills week 

June 12, 2025
Billionaire Musk’s xAI, Nvidia join Microsoft’s $30 Billion AI Infrastructure fund 

Billionaire Musk’s xAI, Nvidia join Microsoft’s $30 Billion AI Infrastructure fund 

March 19, 2025

Earnings: $1.46 per share, adjusted, vs. $1.34 per share as expected by analysts, according to Refinitiv.

READ ALSO: Top 10 CEOs and how they spent 10 days in lockdown

Revenue: $38.03 billion, vs. $36.50 billion as expected by analysts, according to Refinitiv.

Microsoft’s overall revenue grew 13% on an annualized basis in the quarter, which ended June 30, according to a statement. Revenue went up 15% in the prior quarter, which saw less impact from the coronavirus pandemic.

“The last five months have made it clear that tech intensity is the key to business resilience. Organizations that build their own digital capability will recover faster and emerge from this crisis stronger,” said Satya Nadella, chief executive officer of Microsoft.

READ ALSO: Guinness Nigeria: Revenue recovers but operating performance remains weak

Quick fact; The software giant maker helps businesses and individuals operate more efficiently through Microsoft suite applications that include Microsoft Office 365, Teams, Microsoft Azure. These platforms have advanced analytical tools in running tasks more efficiently and facilitating sound financial decisions.

The company also owns the world’s most popular professional networking site Linkedin and popular gaming company XBOX.

Excluding the recent after-hours move, Microsoft stock price has gained over 33% since the beginning of 2020.

Download the Nairametrics News App

Satya Nadella, chief executive officer of Microsoft in a statement after the result was released, explained, the performance of its fastest-growing segment the Microsoft Azure, a cloud-based platform, used by most leading global businesses. He said;

“Our commercial cloud surpassed $50 billion in annual revenue for the first time this year. And this quarter our Commercial bookings were better than expected, growing 12% year-over-year,” said Amy Hood, executive vice president, and chief financial officer of Microsoft. “As we drive growth across the company, we remain committed to investing in long-term strategic opportunities.”


Follow us for Breaking News and Market Intelligence.
Tags: Business NewsCompany Financial ResultsMicrosoftshares
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

Related Posts

Visa and Microsoft partner to empower Nigeria’s fintech ecosystem at AI skills week 
Companies

Visa and Microsoft partner to empower Nigeria’s fintech ecosystem at AI skills week 

June 12, 2025
Billionaire Musk’s xAI, Nvidia join Microsoft’s $30 Billion AI Infrastructure fund 
Sectors

Billionaire Musk’s xAI, Nvidia join Microsoft’s $30 Billion AI Infrastructure fund 

March 19, 2025
Microsoft warns crypto users of StilachiRAT malware targeting wallets
Cryptos

Microsoft warns crypto users of StilachiRAT malware targeting wallets

March 18, 2025
Microsoft to shut down Skype in May, urges users to migrate to Teams 
Sectors

Microsoft to shut down Skype in May, urges users to migrate to Teams 

February 28, 2025
Microsoft Corporation
Sectors

Microsoft announces $1 million investment to train one million Nigerians in AI skills 

February 19, 2025
Microsoft Corporation
Sectors

France’s antitrust regulator investigates Microsoft over Bing search technology 

February 11, 2025
Next Post
Covid-19: WHO says don’t expect first vaccination until early next year

Covid-19: WHO says not to expect first vaccination until early next year

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • CBN Forbearance hits FUGAZ stocks—except GTCO
  • EFCC arraigns Oil Magnate over alleged N750 million bank fraud in Port Harcourt 
  • FIRS extends tax office operations to weekends in June 2025 

Follow us on social media:

Recent News

GTCO to write off Aiteo loan and switch to aggressive recovery plan

CBN Forbearance hits FUGAZ stocks—except GTCO

June 17, 2025
EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says

EFCC arraigns Oil Magnate over alleged N750 million bank fraud in Port Harcourt 

June 17, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics