Microsoft Said Sees Q2 Cost Of Revenue COGS Of $19.4B To $19.6B -Conf Call
Portfolio Pulse from Charles Gross
Microsoft has projected its Q2 cost of revenue (COGS) to be between $19.4 billion and $19.6 billion, as per a recent conference call.
October 24, 2023 | 10:20 pm
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NEUTRAL IMPACT
Microsoft's projected Q2 cost of revenue is between $19.4 billion and $19.6 billion. This could impact the company's profitability and thus its stock price.
The cost of revenue (COGS) directly affects a company's profitability. If the actual COGS is higher than projected, it could negatively impact Microsoft's profitability and thus its stock price. Conversely, if the actual COGS is lower, it could positively impact profitability and the stock price. However, without more specific information, the impact on the stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100