Microsoft announces revenue of US$61.9bn, 17% increase in Q1 2024
By James Ovie Microsoft announced its third fiscal quarter (first quarter of this year) report for fiscal year 2024, with revenue of US$61.9 billion, a year-on-year increase of 17%, exceeding Wall Street’s expectations of US$60.8 billion; earnings per share of US$2.94, exceeding Wall Street’s target of US$2.82. The company’s shares rose more than 4% in…
