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Microsoft office logo eps11/30/2023 Meta and Microsoft seek to provide an open approach to AI development, which benefits companies by enabling innovation, collaboration and transparency. The company recently announced support for Meta Platform’s META Llama 2 on Azure and Windows, as well as OpenAI. Microsoft witnessed increasing momentum with Azure Arc, which now has 18,000 customers, up 150% year over year, including Carnival, Domino’s and Thermo Fisher. Azure and other cloud services revenues grew 26% (up 27% at cc). Server product and cloud services revenues rallied 17% year over year (up 18% at cc). The segment reported revenues of $24 billion, up 15.3% (17% at cc) year over year. The Intelligent Cloud segment, including server and enterprise products and services, contributed 42.7% to total revenues. LinkedIn revenues increased 5% (up 7% at cc). Microsoft 365 Consumer subscribers grew to 67 million in the reported quarter, up 12% year over year.ĭynamics products and cloud services revenues grew 19% (up 21% at cc) because of Dynamics 365, which grew 26% (up 28% at cc). Office Consumer products and cloud services revenues increased 3% (up 6% at cc). Seat growth was 11%, driven by small and medium business and frontline worker offerings, as well as growth in revenue per user. Office Commercial products and cloud services revenues increased 12% (up 14% at cc), driven by Office 365 Commercial revenue growth of 15% (up 17% at cc). Revenues increased 10.2% (up 12% at cc) on a year-over-year basis to $18.29 billion and beat the consensus mark by 1.29%. The Productivity & Business Processes segment, which includes the Office and Dynamics CRM businesses, contributed 32.6% to total revenues. Microsoft 365 suite is also expected to witness continued growth but at a moderate rate. Microsoft now expects Azure to grow between 25% and 26% at cc in the first quarter of fiscal 2024, including roughly 2 points from Azure AI services. Microsoft Corporation price-consensus-eps-surprise-chart | Microsoft Corporation Quote Microsoft Corporation Price, Consensus and EPS Surprise Azure’s year-over-year top-line growth rate of 26% (up 27% at cc) was lower than 27% (up 31% at cc) reported in the previous quarter. Microsoft Cloud revenues were $30.3 billion, up 21% (up 25% at cc) year over year. Commercial remaining performance obligation increased 19% to $224 billion. Top-line growth was driven by improvement in Intelligent Cloud and Productivity and Business Processes, offset in part by a decline in More Personal Computing.Ĭommercial bookings decreased 2% and 1% at cc. At cc, revenues increased 10% year over year. Revenues of $56.19 billion increased 8.3% year over year and beat the Zacks Consensus Estimate by 1.5%. At constant currency (cc), earnings increased 23% year over year. They will continue to use the original theme that was applied when they were created.įor anyone who is not a fan of the new theme, it will be possible to revert to the old look - you just need to select the newly renamed Office Theme 2013 – 2022.Microsoft MSFT reported fourth-quarter fiscal 2023 earnings of $2.69 per share, which beat the Zacks Consensus Estimate by 5.91% and improved 20.6% on a year-over-year basis. NOTE: Your existing documents won't change. The company adds:Īs the theme rolls out, all new documents, presentations, worksheets, and emails you create in Word, PowerPoint, Excel, and Outlook will use the new theme. Microsoft says that the theme is rolling out and may take some time to reach everyone. There's also an increase in the default outline weights, improved consistency between shapes and lines, and added better overall contrast. The default style used in both Word documents and Outlook emails has been updated to give a more professional and legible look. Having conducted research into design trends and popular color palettes, the company is introducing new colors for background and text, as well as for hyperlinks and accents. Microsoft believes that as well as increasing accessibility, the new default theme helps to give Office documents a more modern look. Unlock the new features of Windows 11 Moment 3 with the newly released KB5028185 update.Microsoft reveals everything you need to know about Windows 11 23H2.Microsoft is working on a new reinstall feature to let you fix Windows 11 without losing files, apps or settings.
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