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
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to