Microsoft reports Q3 results with net income, revenue increases

SAN FRANCISCO, April 25 (Xinhua) -- Microsoft posted on Thursday its revenue of 61.9 billion U.S. dollars for the third quarter of the 2024 fiscal year ending March 31, up 17 percent from the same period last year.

The company generated a quarterly net income of 21.9 billion dollars, an increase of 20 percent year on year, and its diluted earnings per share went up 20 percent to 2.94 dollars. Its operating income was 27.6 billion dollars and increased 23 percent, Microsoft said in its financial report for the third quarter of fiscal 2024.