Microsoft reports tenth consecutive quarter of record revenue
The technology company posted quarterly revenue of $92.3 billion, up 19 per cent year-on-year.
At a glance
- Microsoft reported quarterly revenue of $92.3 billion
- This marks the tenth consecutive quarter of record revenue
- Revenue increased 19 per cent year-on-year
Microsoft has achieved its tenth consecutive quarter of record-breaking revenue, the company announced on Wednesday. The latest quarterly revenue reached $92.3 billion, representing a 19 per cent increase compared with the same quarter in the previous year.
The sustained growth underscores the company's strong financial performance across its business divisions.
Why it matters
The streak of record quarters demonstrates Microsoft's continued financial strength and market position amid ongoing developments in artificial intelligence and technology sectors.
Original reporting
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