Microsoft Cloud Strength Drives First Quarter Results
Microsoft News, Wednesday, October 30th, 2024
Microsoft Corp. announced the following results for the quarter ended September 30, 2024, as compared to the corresponding period of last fiscal year
- Revenue was $65.6 billion and increased 16%
- Operating income was $30.6 billion and increased 14%
- Net income was $24.7 billion and increased 11% (up 10% in constant currency)
- Diluted earnings per share was $3.30 and increased 10%
'AI-driven transformation is changing work, work artifacts, and workflow across every role, function, and business process,' said Satya Nadella, chairman and chief executive officer of Microsoft. 'We are expanding our opportunity and winning new customers as we help them apply our AI platforms and tools to drive new growth and operating leverage.'