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Mar 31, 2024
Microsoft Q3 2024 Earnings Report
Microsoft's Q3 2024 earnings were released, demonstrating strong cloud performance and overall growth.
Key Takeaways
Microsoft reported strong Q3 2024 results, with revenue increasing by 17% to $61.9 billion and diluted earnings per share increasing by 20% to $2.94. The growth was fueled by the Microsoft Cloud, which saw a 23% increase in revenue to $35.1 billion.
Revenue reached $61.9 billion, a 17% increase year-over-year.
Operating income grew by 23% to $27.6 billion.
Net income increased by 20% to $21.9 billion.
Diluted earnings per share rose by 20% to $2.94.
Revenue by Segment
Forward Guidance
Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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