$92.3 Billion Revenue Hike for Q1 Despite Drops in Certain Areas

Microsoft exceeded first-quarter expectations with $92.3 billion in revenue, showing growth in net income and earnings per share.

In the first quarter, Microsoft reported a total revenue of $92.3 billion, surpassing forecasts. Notably, while Xbox first-party content saw some success, it was partially offset by a 2% decrease in overall revenue. Additionally, hardware sales declined by 14%, reflecting mixed performance across its gaming division.