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Microsoft sales smash Wall Street expectations, driven by cloud and AI
The tech giant released financial results for its fourth fiscal quarter, which ran from May through the end of June, on Wednesday and exceeded Wall Street estimates. Microsoft reported $76.4 billion in revenue with $27.2 billion in profit, both metrics showing their highest year-over-year growth in over two years.
3hon MSN
Microsoft significantly exceeded earnings expectations for the June quarter and disclosed its standalone annual Azure revenue ...
Net income climbed to $27.2 billion, a 24% jump one year ago, with the company also reporting earnings per share of $3.65, ...
Both Meta and Microsoft have strong quarterly earnings that beat analysts' expectations, but neither company mentioned crypto ...
2hon MSN
Microsoft’s global headcount remained steady at 228,000 employees over the past year, but the mix of roles changed notably, ...
Much of Microsoft’s recent growth has come through the cloud business, which AI companies have been using to host models.
Microsoft surpassed Wall Street estimates for quarterly revenue on Wednesday as strong demand from businesses for artificial ...
Microsoft investors have to wait a bit longer for the company's guidance, which it historically shares on the earnings call. Expect a heavy focus on cloud expectations and spending plans. But there's ...
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