Microsoft Releases FY23 Q4 Earnings, Xbox Hardware Revenue Down 13%
Microsoft Corp. today announced the following results for the quarter ended June 30, 2023, as compared to the corresponding period of last fiscal year:
- Revenue was $56.2 billion and increased 8% (up 10% in constant currency)
- Operating income was $24.3 billion and increased 18% (up 21% in constant currency)
- Net income was $20.1 billion and increased 20% (up 23% in constant currency)
- Diluted earnings per share was $2.69 and increased 21% (up 23% in constant currency)