Microsoft: EPS up 10% in Q2
(CercleFinance.com) - On Wednesday evening, Microsoft reported a 10% increase in EPS to $3.
23, with a 17% increase in operating profit to $31.7bn for Q2 2024-25, on revenues that rose 12% to $69.6bn.
The Redmond, Washington-based IT giant notably attributes this business growth to the strength of Microsoft Cloud, where sales rose 21% to $40.9bn.
Our Artificial Intelligence (AI) business has already exceeded an annualised sales rate of $13bn, up 175% y-o-y, Chairman and CEO Satya Nadella also said.
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