Categories AlphaGraphs, Earnings, Technology
MSFT Earnings: Microsoft Q3 2023 profit rises on higher revenues
Microsoft Corp. (NASDAQ: MSFT) on Tuesday reported an increase in net profit for the third quarter of 2023 when the software giant’s revenues grew by 7%.
The company said third-quarter revenues rose 7% from last year to $52.9 billion. Net profit moved up to $18.3 billion or $2.45 per share in the March quarter from $16.7 billion or $2.22 per share in the comparable period of 2022.
“The world’s most advanced AI models are coming together with the world’s most universal user interface – natural language – to create a new era of computing,” said Microsoft’s CEO Satya Nadella.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
QCOM Earnings: Qualcomm Q2 2024 revenue and profit beat Street view
Semiconductor company Qualcomm, Inc. (NASDAQ: QCOM) reported an increase in earnings and revenues for the second quarter of 2024. The numbers came in above analysts' estimates. At $9.39 billion, March-quarter
Key takeaways from Amazon’s Q1 2024 earnings report
Amazon.com Inc. (NASDAQ: AMZN) had an upbeat start to fiscal 2024, delivering strong growth across the business in the first three months of the year. While the cloud segment continues
Key takeaways from Pfizer’s (PFE) Q1 2024 earnings report
Shares of Pfizer Inc. (NYSE: PFE) gained over 5% on Wednesday following the company’s announcement of its first quarter 2024 earnings results. Although the top and bottom line numbers decreased
