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Dec 31, 2023
Microsoft Q2 2024 Earnings Report
Microsoft's Q2 2024 earnings were driven by strong cloud performance and the acquisition of Activision Blizzard.
Key Takeaways
Microsoft reported strong Q2 2024 results, with revenue increasing by 18% to $62.0 billion and operating income increasing by 33% to $27.0 billion. The Microsoft Cloud revenue reached $33.7 billion, up 24% year-over-year, and the acquisition of Activision Blizzard contributed to growth in the More Personal Computing segment.
Revenue increased 18% to $62.0 billion.
Operating income increased 33% to $27.0 billion.
Net income increased 33% to $21.9 billion.
Diluted earnings per share increased 33% to $2.93.
Forward Guidance
Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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