Loading...
Market
Top contributing region to Microsoft's revenue in the next fiscal quarter
5
Resolution / Starting Odds
North America • 25%
Europe • 25%
Asia-Pacific • 25%
Rest of the World • 25%
Geographic revenue breakdown in Microsoft's next quarterly financial report
Story
Microsoft Q3 EPS $2.94, Revenue $61.9B Beat Estimates on Azure, AI Boost
Apr 25, 2024, 08:25 PM
Microsoft reported strong fiscal third-quarter results, significantly surpassing Wall Street expectations due to robust growth in its cloud services and artificial intelligence offerings. The company's earnings per share (EPS) were $2.94, beating the forecast of $2.82. Total revenue reached $61.9 billion, exceeding estimates of $60.804 billion. Notably, Microsoft's Azure cloud service saw a 31% year-over-year growth, contributing to a commercial cloud revenue of $35.1 billion, a 23% increase from the previous year. CEO Satya Nadella highlighted that Microsoft has moved from talking about AI to applying it at scale, orchestrating a new era of AI transformation. The positive financial performance led to a 5.6% increase in Microsoft's stock price after hours.
View original story
Similar markets
Europe • 25%
Asia (excluding China) • 25%
North America • 25%
Africa • 25%
Less than 5% growth • 33%
5% to 10% growth • 33%
More than 10% growth • 34%
Greater China • 25%
Americas • 25%
Europe • 25%
Rest of Asia Pacific • 25%
North America • 25%
Europe • 25%
Asia • 25%
Rest of the World • 25%
Azure Cloud Services • 33%
Office Commercial • 33%
LinkedIn • 33%
China revenue increases • 25%
US revenue increases • 25%
Europe revenue increases • 25%
Rest of the world revenue increases • 25%
Middle East • 25%
Asia-Pacific • 25%
Europe • 25%
Africa • 25%
Best performing in North America • 25%
Best performing in Europe • 25%
Best performing in Asia • 25%
Best performing in other regions • 25%
Europe • 25%
North America • 25%
Asia-Pacific • 25%
Other Regions • 25%
North America • 25%
Europe • 25%
Asia • 25%
Rest of the World • 25%