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Analysts polled by FactSet Research expected Microsoft to generate revenue of $68.87 billion in the last three months of the year. Microsoft said Wednesday that its profit for the October-December ...
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 ...
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 ...
Outside its cloud business, Microsoft reported revenue of $28.3 billion in its productivity business, which houses its Office suite of applications, 365 Copilot and its AI and speech-technology ...
Microsoft said on Thursday that its AI services contributed 7 percentage points of growth to its Azure and other cloud services revenue. That's up from 6 percentage points in Q2, and 3 points in Q1.
Microsoft failed to have the case dismissed in January 2023, and arguments related to a preliminary discussion was presented to the judge in March 2023. [120] The judge dismissed the suit in March 2023, citing that the gamers had not shown sufficient evidence of harm to the industry should the merger go through. [ 121 ]
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.
Microsoft revenue rose 17% to $61.9 billion in the quarter ended March, exceeding the consensus estimate of $60.80 billion, according to LSEG data. Earnings per share of $2.94 topped Wall Street's ...