Microsoft: Q1 EPS up 27%
(CercleFinance.com) - On Tuesday evening, Microsoft announced a 27% increase in EPS to $2.
99 for Q1 2023-24 (+26% excluding currency effects), as well as a 25% increase in operating profit to $26.9bn.
The Redmond-based IT giant's revenues rose by 13% to $56.5bn (+12% at constant exchange rates), once again driven by its cloud activities, where revenues climbed by 24% (+23% at constant exchange rates) to $31.8bn.
Management says that it is rapidly integrating artificial intelligence into all layers of the technology stack, and into every business function and process, to boost productivity for customers.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
99 for Q1 2023-24 (+26% excluding currency effects), as well as a 25% increase in operating profit to $26.9bn.
The Redmond-based IT giant's revenues rose by 13% to $56.5bn (+12% at constant exchange rates), once again driven by its cloud activities, where revenues climbed by 24% (+23% at constant exchange rates) to $31.8bn.
Management says that it is rapidly integrating artificial intelligence into all layers of the technology stack, and into every business function and process, to boost productivity for customers.
Copyright (c) 2023 CercleFinance.com. All rights reserved.