5 Magnificent Numbers From Microsoft’s Q3 Announcement
From Nasdaq: 2024-05-08 04:43:00
Microsoft’s market cap soars to $3 trillion, fueled by AI leadership. Recent earnings report showcases a 31% increase in Cloud and Azure services revenue. Operating income rises by $5.2 billion, with a profit margin hitting 45%. Cash returns reach $8.4 billion. Stock trading at 13 times sales, a premium worth considering for growth investors.
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