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Microsoft ($MSFT) reported strong quarterly earnings, with Q3 EPS of $2.99 on revenue of $56.5 billion, both above expectations. The company's cloud business revenue was $24.3 billion, up 19% in Q3. Microsoft stock soared after hours. Meta Platforms ($META) also released its Q3 earnings, with Q3 EPS of $4.39 and revenue of $34.15 billion, beating estimates. Meta's ad revenue was $33.64 billion, surpassing expectations. Both Microsoft and Meta Platforms saw their stock prices rise after the earnings reports.
$META Q3 Earnings EPS: $4.39 v $3.62e Revenue: $34.2B v $33.5Be
Meta reports Q3 revenue up 23% YoY to $34.15B, net income up 164% YoY to $11.58B, and family daily active people up 7% YoY to 3.14B for September 2023 (Meta Investor Relations) https://t.co/mfffJst0Pr π« Subscribe: https://t.co/OyWeKSRpIM https://t.co/h8dodiSIb3
$META | Meta Q3 Earnings: - EPS $4.39 - $34.15B (Est. $33.56B) - Q3 Facebook DAUs 2.09B, Up 5% - Facebook MAUs 3.05B, Up 3% - Sees Q4 2023 Revenue $36.5B-$40B (Est. $36.64B) - Sees FY23 Total Expenses $87B-$89B Vs $88B-$91B Prior - Sees FY24 Total Expenses $94B-$99B
β οΈBREAKING: *META PLATFORMS 3Q EARNINGS PER SHARE $4.39, EST. $3.65 *META 3Q REV. $34.15B, EST. $33.45B *META SEES 4Q REVENUE $36.5B TO $40B, EST. $38.7B https://t.co/MCJqJcn0Mq $META https://t.co/hMNZVP2u9F
EARNINGS: Meta Platforms Q3 EPS $4.39 vs. $3.63 Est.; Q3 Revs. $34.15B vs. $33.56B Est. β’ $META https://t.co/dVD5eCx1zZ https://t.co/td4kXLc8SW
META PLATFORMS Q3 2023 EARNINGS $META REVENUE $34.15B, EST. $33.51B EPS $4.39 VS. $1.64 y/y, EST. $3.60
FACEBOOK EARNINGS JUST CAME OUT $META *META PLATFORMS 3Q AD REV. $33.64B, EST. $32.94B ( BEAT β ) *META PLATFORMS 3Q EPS $4.39 VS. $1.64 Y/Y ( BEAT β ) https://t.co/UMDJ7yVJmW
$MSFT was up 4% AH after reporting strong 1Q24 earnings with Azure growth of 28% in constant currency vs est 26% Microsoft Q1 24 Earnings: - Rev $56.5B (est $54.5B) - EPS $2.99 (est $2.65) - Intelligent Cloud Rev $24.26B (est $23.61B) - Productivity Rev $18.59B (est $18.29B) https://t.co/6ErEVmB2pX
$MSFT was up 4% AH after reporting strong 1Q24 earnings with Azure growth of 28% in constant currency vs est 26% Microsoft Q1 24 Earnings: - Rev $56.5B (est $54.5B) - EPS $2.99 (est $2.65) - Intelligent Cloud Rev $24.26B (est $23.61B) - Productivity Rev $18.59B (est $18.29B) https://t.co/ka2GUdxkkf
$SNAP Q3 Earnings EPS: +$0.02 v -$0.04e Revenue: $1.19B v $1.11Be
BREAKING: Microsoft, $MSFT, soars after hours on another strong quarterly earnings report. The tech giant posted Q3 EPS of $2.99 on revenue of $56.5 billion, both above expectations. Cloud business revenue was $24.3 billion, up a massive 19% in Q3. Microsoft stock is now⦠https://t.co/taIt3T3WmG https://t.co/ii5sqNVWIS
MICROSOFT Q1 24 EARNINGS $MSFT EPS $2.99 VS EST. $2.24 REV. $56.5B, EST. $54.54B PRODUCTIVITY REV $18.59B, EST. $18.29B INTELLIGENT CLOUD REV. $24.26B, EST. $23.61B MORE PERSONAL COMPUTING REV. $13.67B, EST. $12.89B RETURNED $9.1B TO HOLDERS
EARNINGS: Microsoft Q1 EPS $2.99; Q1 Revs. $56.52B β’ $MSFT https://t.co/1M8yTyMPa4 https://t.co/0sob2qKuID
$MSFT Q1 Earnings EPS: $2.99 v $2.65e Revenue: $56.5B v $54.4Be
$MSFT | Microsoft Q1 Earnings: - EPS $2.99
Microsoft earnings: - Rev: $56.5B, est: $54.54B - EPS: $2.99, estL $2.65 https://t.co/E9SOE2vSsi
MICROSFT EARNINGS JUST OUT $MSFT *MICROSOFT 1Q REV. $56.5B, EST. $54.54B ( BEAT β ) *MICROSOFT 1Q EPS $2.99 ( BEAT β ) https://t.co/lEnuEO2RD8
MICROSOFT Q1 24 EARNINGS $MSFT EPS $2.99 VS EST. $2.24 REV. $56.5B, EST. $54.54B
MICROSOFT $MSFT JUST REPORTED EARNINGS EPS of $2.99 beating expectations of $2.65 Revenue of $56.5B beating expectations of $54.6B https://t.co/zUcLzoz4oc
$VZ Q3 Earnings EPS: $1.22 v $1.17e Revenue: $33.3B v $33.4Be