Microsoft Q1 Earnings Highlights: 'AI-Driven Transformation Is Changing Work,' Company Beats Revenue, EPS Estimates
Benzinga
2024-10-31
Views 27
Technology giant Microsoft (NASDAQ:MSFT) reported first-quarter financial results after market close Wednesday.
Microsoft reported first-quarter revenue of $65.60 billion, up 16% year-over-year. The total beat a Street consensus estimate of $64.51 billion according to data from Benzinga Pro.
The company reported first-quarter earnings per share of $3.30, beating a Street consensus estimate of $3.09 per share. Microsoft's operating income was $65.6 billion in the first quarter, up 14% year-over-year.
"AI-driven transformation is changing work, work artifacts, and workflow across every role, function, and business process,” Microsoft CEO Satya Nadella said.
Microsoft reported first-quarter revenue of $65.60 billion, up 16% year-over-year. The total beat a Street consensus estimate of $64.51 billion according to data from Benzinga Pro.
The company reported first-quarter earnings per share of $3.30, beating a Street consensus estimate of $3.09 per share. Microsoft's operating income was $65.6 billion in the first quarter, up 14% year-over-year.
"AI-driven transformation is changing work, work artifacts, and workflow across every role, function, and business process,” Microsoft CEO Satya Nadella said.
Report form
RELATED VIDEOS
