Microsoft FY23 Q3 Earnings Report Shows Losses for OEM Business and Hardware
Microsoft Corp. today announced the following results for the quarter ended March 31, 2023, as compared to the corresponding period of last fiscal year:
- Revenue was $52.9 billion and increased 7% (up 10% in constant currency)
- Operating income was $22.4 billion and increased 10% (up 15% in constant currency)
- Net income was $18.3 billion and increased 9% (up 14% in constant currency)
- Diluted earnings per share was $2.45 and increased 10% (up 14% in constant currency)