Microsoft Reports Strong Fourth-Quarter Revenue And Profit

Microsoft said Wednesday that revenue for the October-December quarter was $81.3 billion, up 17% year-over-year, and net profit was $30.9 billion, or $4.14 per share. The results beat Wall Street expectations—FactSet had forecast $80.31 billion in revenue and $3.91 per share—and exclude the impact from Microsoft's investments in OpenAI. The strong quarter underscores demand for Microsoft's cloud and software offerings.