Microsoftshares dipped on Wednesday as investors looked past better-than-expected earnings and revenue and focused instead on disappointing cloud results. But executives provided a dose of optimism when they predicted a cloud growth speed-up in the first half of 2025. Here’s how the company did ...
January 31, 2024 Tech Meta, Alphabet, and Microsoft earnings will be all about AI and whether one of them deserves to be on the ‘wall of worry’ BY Rachyl Jones April 24, 2024 Tech Amazon unveils its Nova collection of AI models to compete with ChatGPT, Google, and Microsoft ...
By Reuters | April 26, 2024, at 2:30 a.m. Save More Alphabet, Microsoft Earnings Show Hefty AI Bets Are Driving Growth More Reuters Alphabet logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo By Adi...
Earnings MSFT -0.46% Microsoft's Earnings: Transforming Industries and Driving Growth April 26, 2024 — 11:03 am EDTWritten by Jeffrey Neal Johnson, MarketBeat Contributor for MarketBeat -> Microsoft (NASDAQ: MSFT) is a leader in the technology sector and has consistently demonstrated its ability...
Greetings, and welcome to the Microsoft fiscal year 2024 fourth quarterearnings conference callAt this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator instructions] As a reminder, this conference is being recorded. ...
Revenue:$51.87 billion, vs. $52.44 billion as expected by analysts, according to Refinitiv. Microsoft turned in the slowest revenue growth since 2020, at 12% year over year in the quarter, which ended on June 30, according to astatement. The company’s earnings per share fell short of ...
So, here's why Microsoft is a screaming buy right now. Solid growth from multiple segments Microsoft posted its third quarter of 2024 (ending March 2024) earnings on April 25. The company's revenue rose 17% year over year to $62 billion, beating analysts' expectations by more than $1 bi...
(In millions, except percentages and per share amounts) 2024 2023 Percentage Change Revenue $ 245,122 $ 211,915 16% Gross margin 171,008 146,052 17% Operating income 109,433 88,523 24% Net income 88,136 72,361 22% Diluted earnings per share 11.80 9.68 22% Adjusted gross margin (non...
Microsoft's earnings report is out for the third quarter of the 2022 fiscal year, and it looks to be another good result for the company, which reported $49.4 billion in revenue, an increase of 18 percent year over year. Specifically, Microsoft's "More Personal Computing" organization reporte...
Earnings Release FY22 Q3 Microsoft Cloud Strength Fuels Third Quarter Results REDMOND, Wash. — April 26, 2022 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2022, as compared to the corresponding period of last fiscal...