Microsoft Cloud Strength Fuels Third Quarter Results
Microsoft News, Thursday, April 25th, 2024
Microsoft Corp. today announced the following results for the quarter ended March 31, 2024, as compared to the corresponding period of last fiscal year
- Revenue was $61.9 billion and increased 17%
- Operating income was $27.6 billion and increased 23%
- Net income was $21.9 billion and increased 20%
- Diluted earnings per share was $2.94 and increased 20%
'Microsoft Copilot and Copilot stack are orchestrating a new era of AI transformation, driving better business outcomes across every role and industry,' said Satya Nadella, chairman and chief executive officer of Microsoft.