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
PG Earnings: Procter & Gamble Q3 profit climbs, beats estimates
Consumer goods behemoth The Procter & Gamble Company (NYSE: PG) announced financial results for the third quarter of 2024, reporting a double-digit growth in net profit. Sales rose modestly. Core
AXP Earnings: All you need to know about American Express’ Q1 2024 earnings results
American Express Company (NYSE: AXP) reported its first quarter 2024 earnings results today. Consolidated total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion, driven mainly by higher
Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers
Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's
