Microsoft Cloud Strength Drives Fourth Quarter Results
Microsoft News, Tuesday, July 30th, 2024
Microsoft Corp. today announced the following results for the quarter ended June 30, 2024, as compared to the corresponding period of last fiscal year
Revenue was $64.7 billion and increased 15% (up 16% in constant currency)
Operating income was $27.9 billion and increased 15% (up 16% in constant currency)
Net income was $22.0 billion and increased 10% (up 11% in constant currency)
Diluted earnings per share was $2.95 and increased 10% (up 11% in constant currency)
'Our strong performance this fiscal year speaks both to our innovation and to the trust customers continue to place in Microsoft,' said Satya Nadella, chairman and chief executive officer of Microsoft. 'As a platform company, we are focused on meeting the mission-critical needs of our customers across our at-scale platforms today, while also ensuring we lead the AI era.'