Wednesday, October 26, 2022

Microsoft Cloud Strength Drives First Quarter Results

Microsoft Corp. today announced the following results for the quarter ended September 30, 2022, as compared to the corresponding period of last fiscal year:
  • Revenue was $50.1 billion and increased 11% (up 16% in constant currency)
  • Operating income was $21.5 billion and increased 6% (up 15% in constant currency)
  • Net income was $17.6 billion and decreased 14% (down 8% in constant currency)
  • Diluted earnings per share was $2.35 and decreased 13% (down 7% in constant currency)