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First Financial 2022-10-27 12:42:37
Editor in charge: Zhu Mengyun
First Financial News, on October 25, Microsoft released its first quarter financial report for fiscal year 2023. The financial report shows that Microsoft’s revenue in the last quarter was $50.1 billion, an increase of 11%, and its net profit was $17.6 billion, a decrease of 14%. The result was better than Wall Street’s previous forecast for revenue growth of 9.4%, but a sequential decline of 3.5%.
Microsoft’s latest financial report: profit in the quarter fell 14% year-on-year, cloud business growth slowed
First Financial News, on October 25, Microsoft released its first quarter financial report for fiscal year 2023. The financial report shows that Microsoft’s revenue in the last quarter was $50.1 billion, an increase of 11%, and its net profit was $17.6 billion, a decrease of 14%. The result was better than Wall Street’s previous forecast for revenue growth of 9.4%, but a sequential decline of 3.5%.