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Sep 30, 2022
Microsoft Q1 2023 Earnings Report
Microsoft's Q1 2023 earnings were announced, with revenue increasing and cloud services driving growth.
Key Takeaways
Microsoft reported strong Q1 2023 results, driven by the strength of its cloud offerings. Revenue increased by 11% to $50.1 billion, and Microsoft Cloud revenue was $25.7 billion, up 24%. Diluted earnings per share decreased by 13% to $2.35.
Revenue increased by 11% to $50.1 billion.
Operating income increased by 6% to $21.5 billion.
Microsoft Cloud revenue was $25.7 billion, up 24%.
Diluted earnings per share decreased by 13% to $2.35.
Microsoft
Microsoft
Forward Guidance
Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.