Microsoft Corp. (MSFT) blew past analyst expectations for earnings and revenue as i🙈t re🙈ported its second-quarter results for its fiscal year 2024. The company's shares slipped 0.3% in after hours trading.

Net income grew 33% from a year ago to $21.9 billion, or $2.93 per diluted share, compared to the $20.6 billion or $2.77 per diluted share 澳洲幸运5官方开奖结果体彩网:analysts consensus compiled by Visible Alpha.

Microsoft's revenue rose to $62 billion, up roughly 18% compared to the same period in fiscal 2023 and higher than the $61 billion anticipated by analysts. The intelligent cloud business was a key driver, with revenue up 20%. The company's personal computing revenue climbed 19%, while its productivity and business processes revenue grew 13%.

"By infusing AI across every layer of our tech stack, we’re winning new customers and helping drive new benefits and productivity gains across every sector, said Microsoft Chair and CEO Satya Nadella.