Microsoft Q4 Revenue of $90 Billion Beats Expectations, Azure Cloud Revenue Surpasses $100 Billion for First Time
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Microsoft Q4 Revenue of $90 Billion Beats Expectations, Azure Cloud Revenue Surpasses $100 Billion for First Time
Microsoft (MSFT.O) reported strong growth in its cloud business, along with an increase in the number of AI paid users. Meanwhile, investors continue to closely monitor whether the tech giant's spending on data centers will pay off. Microsoft's earnings per share for the fourth fiscal quarter was $4.81, higher than $3.65 in the same period last year and Wall Street's expectation of $4.24; quarterly revenue reached $90 billion, exceeding the expected $87.6 billion, up 18% year-over-year. Azure remains one of the metrics investors watch most closely, regarded as a barometer for gauging overall AI demand. Microsoft CEO Nadella stated, "Azure revenue surpassed $100 billion for the first time, and Microsoft 365 Copilot paid seats exceeded 30 million, reflecting customers' confidence that we can empower their AI transformation." Microsoft's Azure cloud business achieved revenue of $39.3 billion in the fourth fiscal quarter, with a growth rate of 43%, higher than the expected 40% growth. Microsoft's after-hours stock price rose by 4% at one point. Year-to-date, Microsoft's stock price has cumulatively fallen by about 18%. (Jin10)
Navigating Web3 tides with focused insightsTechFlow news, July 30, Microsoft (MSFT.O) announced strong growth in its cloud business, with an increase in the number of AI paying users. Meanwhile, investors remain closely focused on whether the tech giant's spending on data centers will yield returns. Microsoft's earnings per share for the fourth fiscal quarter were $4.81, higher than $3.65 in the same period last year and Wall Street's expectation of $4.24; revenue for the quarter reached $90 billion, higher than the expected $87.6 billion, up 18% year-on-year. Azure remains one of the metrics investors are watching most closely, regarded as a barometer for overall AI demand.
Microsoft CEO Nadella stated: "Azure business revenue exceeded $100 billion for the first time, and Microsoft 365 Copilot paid seats surpassed 30 million, reflecting customers' belief that we can help them with their AI transformation." Microsoft Azure cloud business achieved revenue of $39.3 billion in the fourth fiscal quarter, with a growth rate of 43%, higher than the expected growth of 40%. Microsoft's after-hours stock price rose by 4% at one point. Year-to-date, Microsoft's stock price has cumulatively fallen by about 18%. (Jin10)
