Categories AlphaGraphs, Earnings, Technology
Microsoft (MSFT) Q3 revenue up 18%, earnings beat estimates
Microsoft Corp. (NASDAQ: MSFT) on Tuesday reported higher revenues and earnings for the third quarter of 2022. The results also topped analysts’ expectations.
At $49.4 billion, third-quarter revenues were up 18% from the comparable period of last year and above analysts’ forecast. Server products and cloud services revenue advanced 29%, with Azure and other cloud services revenue growing 46%.
Net income came in at $16.7 billion or $2.22 per share in the March quarter, compared to $15.5 billion or $2.03 per share in the third quarter of 2021. The bottom line also came in above estimates.
Read management/analysts’ comments on Microsoft’s Q3 report
Microsoft’s shares gained on Tuesday evening following the earnings announcement, after closing the regular session lower.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
