Microsoft continues to rise successfully!

US technology giant Microsoft attracted attention with its revenue and profit increase in the April-June period. The company experienced a 15 percent increase in revenue and a 10 percent increase in net profit during this period. Microsoft’s financial success exceeded market expectations and pleased its investors.

Microsoft increased its revenue by 15 percent and net profit by 10 percent in the April-June period

According to its financial calendar, Microsoft considers the three-month period ending on June 30 as the 4th quarter and announced its balance sheet for this period. Accordingly, the company’s revenue increased by 15 percent compared to the same period last year, reaching 64.7 billion dollars. In the same period last year, this figure was 56.2 billion dollars.

The company’s net profit increased by 10 percent to 22 billion dollars in the same period. In the same period last year, net profit was 20.08 billion dollars. Microsoft’s earnings per share also increased from $2.69 to $2.95 during this period. This data shows that the company’s revenue and profit exceeded market expectations.

Microsoft’s Smart Cloud revenue increased by 19 percent to $28.5 billion in the April-June period compared to the same period last year. However, this increase fell short of market expectations. The company’s revenue from Azure and other cloud services increased by 29 percent. This increase rate, which was 31 percent in the previous quarter, was below market expectations.

In his evaluation of the company’s balance sheet, Microsoft CEO Satya Nadella stated that the company’s strong performance reflects innovation and customer trust. “As a platform company, we focus on meeting the critical needs of our customers while ensuring we lead the age of artificial intelligence,” Nadella said.

Microsoft aims to maintain revenue and profit growth while continuing its investments in artificial intelligence and cloud technologies. The company’s innovative approach and customer-focused strategy signals that it will demonstrate a strong performance in the future. Microsoft’s financial success continues to generate great interest both in the technology world and among investors.