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Jun 30, 2023
Microsoft Q4 2023 Earnings Report
Microsoft's Q4 2023 earnings were driven by cloud strength, with revenue increasing by 8% and diluted earnings per share increasing by 21%.
Key Takeaways
Microsoft reported a solid close to the fiscal year, driven by strong performance in the Microsoft Cloud. Revenue reached $56.2 billion, an 8% increase year-over-year, while diluted earnings per share grew by 21% to $2.69. The Microsoft Cloud quarterly revenue was $30.3 billion, up 21% year-over-year.
Revenue increased by 8% to $56.2 billion.
Operating income increased by 18% to $24.3 billion.
Net income increased by 20% to $20.1 billion.
Diluted earnings per share increased by 21% to $2.69.
Microsoft
Microsoft
Forward Guidance
Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.