2023-10-25 11:51:13
The share price of Microsoft Corp. rose in pre-Wall Street trading today. Responding to strong operating results
As of 6:40 p.m. Thai time, Microsoft shares were up 3.82% to $343.17.
Microsoft revealed higher-than-expected profits and revenues during July-September. which is the 1st quarter of fiscal year 2024
Microsoft reported earnings of $2.99 per share, beating analysts’ estimates of $2.65 per share.
Additionally, the company had revenues of $56.52 billion. Higher than analysts’ expectations of $54.50 billion.
At the same time, Microsoft predicts that Revenue in the second quarter of fiscal 2024 will increase 13% to $604-$61.4 billion. Higher than analysts’ expectations of $60.9 billion.
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