Microsoft Schedules Oct. 28 Results as Binance Contract Tracks Stock
Photo: TokenPost
Microsoft plans to release its fiscal 2027 first-quarter results after the market closes Wednesday, Oct. 28, setting the next scheduled update on its cloud business. The company’s conference call is set for 5:30 p.m. ET (21:30 UTC). In the quarter ended June 30, Microsoft recorded $90 billion in revenue, up 18% year over year. Microsoft Cloud revenue rose 27% to $59.3 billion, while Azure and other cloud services revenue increased 43%. Binance’s MSFTUSDT is a perpetual contract that tracks Microsoft common stock and settles in USDT. It is a derivative, not a tokenized Microsoft share.
Source: TokenPost
