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- Microsoft revenue was +8% to $56.2B in Q4 FY23, while net income was +20% to $20.0B
Microsoft revenue was +8% to $56.2B in Q4 FY23, while net income was +20% to $20.0B
Bay Area Times
July 26, 2023
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Top stories today:
1. Microsoft revenue was +8% to $56.2B in Q4 FY23, with growing margins
2. Alphabet revenue was +7% to $74.6B in Q2, also with expanding margins
3. Fed is expected to raise rates by 25 bps to 5.25% - 5.50, today at 2 PM ET
4. Twitter offering large discounts on ads for big brands
5. U.S. manufacturing construction is +68% since the IRA and CHIPS Act
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).
All times are ET.
1. Microsoft revenue was +8% to $56.2B in Q4 FY23, while net income was +20% to $20.0B
Cost-cutting helped income grow faster than revenue.