Microsoft's fourth-quarter revenue and earnings per share exceeded analyst expectations, showing a significant year-over-year increase. Cloud revenue from Microsoft Azure and other services experienced a year-over-year increase. Both overall server products and cloud services revenue within the Intelligent Cloud segment and Azure's revenue saw notable growth rates. Microsoft 365 Consumer subscribers exceeded 80 million, up from the previous quarter. The company returned over $8 billion to shareholders via stock buybacks and dividends in Q4. Microsoft CEO Satya Nadella said the company is focused on meeting current customer needs while 'ensuring we lead the AI era.'
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00:00It's Benzinga and here's what's on the block.
00:02Microsoft's fourth quarter revenue and earnings per share both exceeded analysts' expectations,
00:07showing a significant year-over-year increase.
00:10Cloud revenue from Microsoft, Azure, and other services experienced a year-over-year increase.
00:16Both overall server products and cloud services revenue within the intelligent cloud segment
00:20and Azure's revenue saw notable growth rates.
00:24Microsoft 365 consumer subscribers exceeded 80 million up from the previous quarter.
00:29The company returned over $8 billion to shareholders via stock buybacks and dividends in Q4.
00:35Microsoft CEO Satya Nadella said the company is focused on meeting current customer needs
00:39while ensuring we lead the AI era.