Categories AlphaGraphs, Earnings, Technology
Earnings: Here’s everything you need to know about Microsoft’s Q4 results
Microsoft Corp. (NASDAQ: MSFT) on Tuesday reported financial results for the fourth quarter of 2023. The tech giant’s cloud business continued to expand during the period.
The company reported fourth-quarter revenues of $56.2 billion, compared to $51.9 billion in the same period of 2022. Net profit came in at $20.08 billion or $2.69 per share in the June quarter, vs. $16.74 billion or $2.23 per share in the comparable period of last year.
“We remain focused on leading the new AI platform shift, helping customers use the Microsoft Cloud to get the most value out of their digital spend, and driving operating leverage,” said Microsoft’s CEO Satya Nadella.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
