U.S.-based tech main Microsoft posted will increase in revenues in the course of the second quarter of this 12 months, based on its monetary outcomes assertion launched Tuesday.
The firm’s complete income got here in at $64.7 billion within the fourth quarter of the 2024 fiscal 12 months, which corresponds to the April-June interval of this 12 months, marking a 15% enhance from the identical interval final 12 months.
Cloud income was $36.8 billion, yearly up 21%, whereas LinkedIn income elevated 10%, based on the assertion.
Microsoft Office business merchandise and cloud providers income elevated 12%, whereas Office shopper merchandise and cloud providers income rose 3%, it added.
“Our strong performance this fiscal year speaks both to our innovation and to the trust customers continue to place in Microsoft,” stated Satya Nadella, chairman and CEO of Microsoft. “As a platform company, we are focused on meeting the mission-critical needs of our customers across our at-scale platforms today, while also ensuring we lead the AI era.”
Revenue within the Intelligent Cloud got here in at $28.5 billion — a rise of 19%.
Server merchandise and cloud providers income elevated 21%, pushed by Microsoft’s cloud computing platform Azure.
Despite the constructive outcomes, Microsoft shares had been down 6.4% in after-hours buying and selling as Azure income got here in under market estimates.
Source: www.anews.com.tr