Notwithstanding the after-hours move, Microsoft shares have risen about 9% so far in 2024, while the S&P 500 index has gained 3% over that stretch. WATCH:Microsoft briefly surpasses $3 trillion in market cap
As of Dec. 31, 2024, Microsoft had total cash, cash equivalents and short-term investments balance of $71.55 billion compared with $78.42 billion as of Sept. 30, 2024. As of Dec. 31, 2024, long-term debt (including the current portion) was $44.66 billion compared with $42.86 billion a...
Nadella said Microsoft pulled in over $20 billion in security revenue in 2022, up about 33% from 2021, when the growth rate was about 45%. Microsoft's report kicks off earnings season for the mega-cap tech companies with the Nasdaq coming off its worst year since 2008 and its first four...
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since the...
The software maker made $62 billion in revenue and a net income of $21.9 billion during Q2. Revenue is up 18 percent, and net income has increased by 33 percent. This is the first quarter Microsoft is reporting earnings as a $3 trillion company and also the first time the company has ...
Microsoft Q2 FY2023 Earnings Presentation In Q2, Microsoft's revenue growth slowed down to 2% y/y, and with Azure Cloud revenues decelerating rapidly, Microsoft's business outlook appears to be grim. For Q3, Microsoft guided for revenues of $50.5 to $51.5B [well below Wall Street estimates ...
Earnings Release FY24 Q2 Microsoft Cloud Strength Drives Second Quarter Results REDMOND, Wash. — January 30, 2024 — Microsoft Corp. today announced the following results for the quarter ended December 31, 2023, as compared to the corresponding period of last fiscal year: · Revenue was $62.0...
Operating expenses increased $505 million or 3% driven by Gaming, with 11 points of growth from the Activision Blizzard acquisition, offset in part by 7 points of favorable impact from the prior year Q2 charge. Operating income increased $6.6 billion or 33% driven by growth across each of our...
The following slide deck was published by Microsoft Corporation in conjunction with their 2024 Q2 earnings call.
Microsoft also experienced a delay in receiving certain hardware components from third-party suppliers. This delay affected their ability to meet customer demand, leading to slower revenue growth in Q2 compared to Q1. The company expects a stronger performance in the second half of FY2025 as supply...