{"id":89771,"date":"2024-10-31T02:04:58","date_gmt":"2024-10-31T06:04:58","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89771"},"modified":"2024-10-31T01:57:40","modified_gmt":"2024-10-31T05:57:40","slug":"microsoft-dips-on-weak-guidance-after-beating-on-earnings","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2024\/microsoft-dips-on-weak-guidance-after-beating-on-earnings.html","title":{"rendered":"Microsoft dips on weak guidance after beating on earnings"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/MSFT\/\">Microsoft<\/a>\u00a0reported an earnings and revenue beat for the fiscal first quarter on Wednesday, but the stock slid 4% in extended trading after the company\u2019s forecast called for slower growth than expected.Revenue increased 16% year over year in the quarter, which ended Sept. 30, according to a\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.microsoft.com\/en-us\/Investor\/earnings\/FY-2025-Q1\/press-release-webcast\" target=\"_blank\">statement<\/a>. Net income rose 11% to $24.67 billion from $22.29 billion in the year-ago quarter.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/10\/30\/microsoft-msft-q1-earnings-report-2025.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Microsoft\u00a0reported an earnings and revenue beat for the fiscal first quarter on Wednesday, but the stock slid 4% in extended trading after the company\u2019s forecast called for slower growth than expected.Revenue increased 16% year over year in the quarter, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89771","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89771"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89771\/revisions"}],"predecessor-version":[{"id":89772,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89771\/revisions\/89772"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}