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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 ...
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 ...
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 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 ]
The company also said it anticipates Q4 revenue of between $63.5 billion and $64.5 billion, just a head of analysts' expectations of $64.7 billion. Microsoft CFO Amy Hood said during the company's ...
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 stock rose after the tech giant's quarterly earnings beat on the top and bottom lines. ... 2023 at 10:37 AM ... while More Personal Computing took in revenue of $13.7 billion versus ...