Microsoft reports Q3 results with revenue, net income increases

SAN FRANCISCO, April 25 (Xinhua) -- Microsoft posted on Tuesday its revenue of 52.9 billion U.S. dollars for the third quarter of the 2023 fiscal year ending March 31, up 7 percent from the same period last year.

The company generated a quarterly net income of 18.3 billion dollars, an increase of 9 percent year on year, while diluted earnings per share went up 10 percent to 2.45 dollars. Its operating income was 22.4 billion dollars and increased 10 percent, Microsoft said in its financial report for the third quarter of fiscal 2023.