MSFT AMD ANET PINS MTCH EA QRVO First Takes

MSFT -6%: Azure miss at 30% vs street at 31% and bogeys close to 32%. First miss in a while. Guide comes on the call but comp gets tougher for first time in a while so will be tricky.

Cloud stocks getting hit: AMZN -2.5%; MDB - 2%; DDOG - 2.5%

Deferred revs beat by $1B at $60.2B - possible capacity constraints limited azure revs but will be a tough sell as Azure has been steadily beating for a while.

Rest of the biz looked inline with bogeys…

MSFT RESULTS: Q4
- Revenue $64.73B, EST $64.52B
- Intelligent Cloud revenue $28.52B, EST $28.72B
- Productivity and Business Processes revenue $20.32B, EST $20.21B
- More Personal Computing revenue $15.90B, EST $15.54B
- EPS $2.95
- Operating income $27.93B, EST $27.63B
- Capital expenditure $13.87B, EST $13.27B
- Revenue at constant currency +16%, EST +14.7%