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Analyst says Microsoft earnings 'bode well' for other software companies

Yahoo Finance Video

RBC Capital Markets Software Equity Analyst Rishi Jaluria discusses what Microsoft's earnings signal for upcoming tech earnings.

You can see the entire interview here.

Key Video Takeaways

0:02 On other software companies' earnings

Video transcript

RISHI JALURIA: I think it's signaling to me that a lot of other enterprise software companies may come up with a quarter that is better than people fear. In our own checks, we've heard that Q4-- calendar, according to Q4, was better than expected for a lot of companies. Again, I think it comes down to the guidance. But if the guidance comes in, in line with expectations, I think that's enough. And so, yeah, given all the fears people had about tech and layoffs and everything, I do think this bodes well for a lot of other enterprise software companies.