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Microsoft shares fell 1% in after-hours trading. Along with a rally in other tech stocks, including Alphabet and Nvidia, Microsoft helped fuel a 24% surge in the S&P 500 in 2023. Revenue at ...
Microsoft reported earnings per share (EPS) of $2.94 on revenue of $61.9 billion. Wall Street was anticipating EPS of $2.83 on revenue of $60.88 billion, according to analysts’ estimates ...
The Redmond, Washington-based software maker posted revenue of $56.52 billion in the quarter, up 13% from last year, also beating expectations. Microsoft reports higher profits and revenue powered ...
The deal was closed on October 13, 2023. [164] In December 2022, Microsoft announced a new 10-year deal with the London Stock Exchange Group for products including Microsoft Azure; Microsoft acquired around 4% of LSEG as part of the deal. [165] In January 2023, CEO Satya Nadella announced Microsoft would lay off some 10,000 employees. [166]
Microsoft announced its quarterly earnings after the closing bell on Tuesday, beating analysts' expectations on revenue and earnings per share.The tech giant reported revenue of $56.5 billion in ...
Microsoft launches the first version of its Windows operating system, Windows 1.0, which runs on top of MS-DOS and had a primitive GUI. [6] 1986: February: Company: Microsoft moves its headquarters to a suburban campus in Redmond, Washington. [6] 1986: March 13: Company: Microsoft goes public with an IPO, raising $61 million at $21 a share. [6 ...
On June 4, 2018, Microsoft acquired the popular code repository site GitHub for $7.5 billion (~$8.96 billion in 2023) in Microsoft stock. [25] On September 21, 2020, Microsoft announced its intent to acquire ZeniMax Media and all its subsidiaries for $7.5 billion (~$8.7 billion in 2023). The acquisition was completed on March 9, 2021.
During the quarter, Microsoft's all important Intelligent Cloud business saw revenue increase by as much as 26% year-over-year to $19.1 billion. The firm's Azure business, meanwhile, rose 46% year ...