Microsoft Q3 Results: Revenues rise 13% to $56.5 billion
Silicon Valley tech giant Microsoft has beat Wall Street estimates in all segments. The company's forecast is also ahead of analysts' targets.
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Silicon Valley tech giant Microsoft has beat Wall Street estimates in all segments. The company's forecast is also ahead of analysts' targets.
Microsoft’s all-in approach to AI appears to pay off as the tech giant posted strong financial results for the first quarter of its 2024 financial year.
Yesterday, Microsoft (Nasdaq: MSFT) announced its first quarter results that surpassed market expectations. The market was impressed, and the stock gained 4% in the after hours trading session. Microsoft's Financials Microsoft's revenues grew 13% to $56.52 billion, significantly ahead of the market's forecast of $54.5 billion. Adjusted income grew 27% to $2.99 per share, which was also ahead of the Street's forecast of $2.65 per share. Microsoft's Intelligent Cloud segment revenues grew 19% to $24.26 billion, ahead of the $23.49 billion consensus. Azure revenues jumped...
Microsoft Corporation has revealed impressive financial results for the quarter ending on September 30, 2023, demonstrating remarkable growth
MSFT earnings call for the period ending September 30, 2023.