REDMOND, Wash. — Microsoft said Wednesday that its revenue for the October-December quarter was $81.3 billion, up 17% from the same time last year and beating Wall Street expectations.
The company reported net profit for the quarter of $30.9 billion, or $4.14 per share, also beating Wall Street expectations. Those results excluded the impact from Microsoft’s investments in ChatGPT maker OpenAI.
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Microsoft was expected to earn $3.91 per share on revenue of $80.31 billion for the October-December quarter, according to analysts surveyed by FactSet Research.