Microsoft (MSFT) shares rose by 1.3% on Friday amid anticipation of its earnings report for the first quarter of fiscal year 2025. According to FactSet analysts, the company expects to report revenues of $64.57 billion, slightly below the previous $64.7 billion reported in the fourth quarter of 2024. The Productivity and Business Processes unit is expected to bring in $23.6 billion, Intelligent Cloud $26.8 billion, and Personal Computing $14.1 billion. Earnings per share are forecasted to be $3.11.

Despite beating Wall Street’s expectations last quarter, Microsoft shares fell due to disappointing results from its Intelligent Cloud unit, which brought in $28.7 billion, below forecasts. Capital expenditures rose 55% to $13.9 billion, exceeding expectations by $200 million.

CEO Satya Nadella received a payout of $79.1 million, up 63% from last year. However, he also decided to reduce his compensation as a sign of “personal accountability” following a series of cyberattacks.

The company also plans to release Copilot Studio in November for public preview, allowing customers to create autonomous agents. Additionally, Microsoft announced 10 new agents for the Dynamics 365 platform, automating tasks in sales, customer service, finance, and supply chain.