What Investors Missed in Microsoft's Latest Call With Analysts

While some growth stocks have disappointed investors so far in this earnings season, Microsoft (NASDAQ: MSFT) hasn't. The software giant recently announced head-turning growth, especially in its cloud services division as enterprises continued to spend aggressively on their digital transformations.

Investors loved what they saw in Microsoft's earnings update, which showed that earnings shot higher by nearly 20% to $17 billion in the first quarter. But management had some even better news in their conference call with Wall Street analysts. Let's look at a few highlights from that presentation.

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Source Fool.com