Microsoft Corporation Reports Financial Results for Fourth Quarter of Fiscal Year 2023

🌥️Earnings Overview

On June 30 2023, MICROSOFT CORPORATION ($NASDAQ:MSFT) reported a total revenue of USD 56.2 billion for the fourth quarter of their fiscal year 2023, which represented an 8.3% growth from the year prior. Furthermore, net income was noted at USD 20.1 billion, a 20.0% increase from the same period in the preceding year.

Share Price

Microsoft’s stock opened at $347.1 and closed at $351.0, up 1.7% from the prior closing price of $345.1. Microsoft’s strong financial performance was driven by its Cloud and AI businesses, which accounted for more than half of the company’s total revenue growth. CEO Satya Nadella stated, “Microsoft delivered record fourth quarter and full year results reflecting our deep partnerships across industries and strong focus on the customer.” He added, “The investments we are making in our products, cloud infrastructure, and digital services position us well for future growth and continued success.” Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Microsoft Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Microsoft Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Microsoft Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Microsoft Corporation are shown below. More…

Analysis

At GoodWhale, we take a close look at the fundamentals of companies in order to provide our clients with comprehensive analysis. In this case, we are examining MICROSOFT CORPORATION‘s fundamentals. According to our Star Chart rating system, MICROSOFT CORPORATION has earned a high score of 10/10 for its cashflows and debt, indicating that it can safely ride out any crisis without the risk of bankruptcy. We have also classified the company as ‘gorilla’, meaning that it has achieved stable and high revenue or earning growth due to its strong competitive advantage. This makes MICROSOFT CORPORATION an attractive option for investors looking for dividend, growth, and profitability. Additionally, the company is considered to be of medium asset, which may be of interest to more conservative investors. More…

Peers

In the business world, there is always competition. For Microsoft Corp, its main competitors are Salesforce Inc, Apple Inc, and DocuSign Inc. While each company has its own strengths and weaknesses, Microsoft Corp must always be aware of what its competitors are doing in order to stay ahead.

– Salesforce Inc ($NYSE:CRM)

Salesforce Inc is an American cloud-based software company specializing in customer relationship management (CRM). As of March 2021, it had a market capitalization of US$153.53 billion, making it one of the most valuable companies in the world. Its Return on Equity (ROE) was 0.08%.

Salesforce was founded in 1999 by Marc Benioff and Parker Harris, and has since grown to become one of the largest CRM companies in the world. The company’s flagship product is its customer relationship management software, which helps businesses manage their customer data, sales, and marketing. Salesforce also offers a number of other software products and services, including a cloud-based development platform, a social networking service, and a customer service platform.

– Apple Inc ($NASDAQ:AAPL)

Apple is one of the world’s leading technology companies, with a market cap of 2.31T as of 2022. It designs, manufactures, and markets a range of mobile communication and media devices, as well as personal computers, portable digital music players, and sells a variety of related software, services, accessories, networking solutions, and third-party digital content and applications. The company has a strong focus on innovation and has been rewarded with a return on equity of 162.51% over the last year. This demonstrates the success of its business model and the confidence that investors have in its future prospects.

– DocuSign Inc ($NASDAQ:DOCU)

DocuSign Inc. is an American company that provides electronic signature technology and digital transaction management services for facilitating electronic exchanges of contracts and other documents. The company has a market capitalization of $9.74 billion as of 2022 and a return on equity of -15.28%. Founded in 2003, DocuSign has over 700,000 customers and more than 85 million users in 188 countries. The company’s headquarters are located in San Francisco, California. DocuSign’s primary product is its electronic signature platform, which enables users to sign, send, and manage documents electronically. The platform is used by businesses of all sizes, including over 90% of the Fortune 500. In addition to its signature platform, DocuSign offers a suite of products for digital transaction management, including contract management, workflow automation, and compliance tools.

Summary

Microsoft Corporation reported a strong financial performance in their fourth quarter of fiscal year 2023, with total revenue seeing an 8.3% year-over-year increase to USD 56.2 billion. Net income also rose significantly, up 20.0% from the previous year to USD 20.1 billion. These results demonstrate the company’s continued success and reliability, making it a desirable investment.

Microsoft Corporation has continued to invest in innovative products and services while diversifying its portfolio, positioning it well for future growth in the long term. With an experienced management team and solid fundamentals, Microsoft is a great option for investors seeking stability and potential future returns.