Strong Performance in Microsof

2023-10-26

Strong Performance in Microsoft's Cloud Computing and AI Business | Transcript of Microsoft Q1 2024 Earnings Call

Microsoft announces Q1 2024 financial report, with total revenue of $42.5 billion and net profit of $15.1 billion, exceeding Wall Street analysts' expectations. The cloud computing sector demonstrated strong performance, generating $31.8 billion in revenue, a YoY growth of 24%, with Azure cloud services revenue growing by 50% YoY. EPS was $2.06.

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