Microsoft Smashes Earnings Expectations—Stock Up 5%

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Microsoft समाचार

EBITDA,Apple,Chatgpt

Derek Saul is a New Jersey-based Senior Reporter on Forbes' news team. He graduated in 2021 from Duke University, where he majored in Economics and served as sports editor for The Chronicle, Duke's student newspaper, joining Forbes soon thereafter.

Microsoft easily topped analysts’ forecasts in its first quarter of 2024, as the world’s largest company continues to impress Wall Street.... Microsoft’s $2.94 earnings per share topped estimates of $2.82, according to FactSet, and its $61.9 billion in sales topped projections of $60.9 billion.

Crucially, Microsoft reported $12.5 billion in operating income in its AI-heavy intelligent cloud division, well above estimates of $12.1 billion.The release comes immediately after Microsoft stock suffered one of its biggest losses of the year, as shares slid more than 2% thanks to investor disappointment in Facebook parent Meta’s results on Wednesday spurred a wider tech selloff.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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