March 29, 2023
0404 microsoft booth guan fang zhao 960 0

Microsoft’s earnings report, shares fell more than 6% after hours

On Tuesday (10/25), Microsoft announced the company’s financial report for the first quarter of its 2023 fiscal year ended September 30 this year. In the quarter, Microsoft recorded revenue of $51 billion, an increase of 11% over the same period last year, although operating income (Operating income) It also rose 6% to $21.5 billion, but net income fell 14% to $17.6 billion. Although Microsoft’s financial report was in line with analysts’ expectations, Microsoft’s stock price fell 6.71% to $233.85 after the market that day.

Ewen Eagle

I am the founder of Urbantechstory, a Technology based blog. where you find all kinds of trending technology, gaming news, and much more.

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