Summary by Moomoo AI
Microsoft Corporation reported a robust financial performance in the first quarter of fiscal year 2025, with significant year-on-year growth across its key segments. The company's revenue surged by 16% to $65.6 billion, while operating income rose by 14% to $30.6 billion. Net income saw an 11% increase, reaching $24.7 billion, and diluted earnings per share grew by 10% to $3.30. The growth was primarily driven by a 22% increase in Microsoft Cloud revenue, which hit $38.9 billion. Notably, Azure and other cloud services revenue grew by 33%, and Xbox content and services revenue soared by 61%, largely due to the Activision Blizzard acquisition. LinkedIn and Dynamics products also saw double-digit revenue growth. Microsoft's focus on AI and cloud infrastructure is evident in its operating expenses, which rose by...Show More
