Microsoft Corp 1Q23 Results | Company Insights | Ep 21
In this episode, Phillip Securities' Research Analyst, Ambrish Shah, will be covering Microsoft Corp 1Q23 Results - Azure drives growth despite currency headwinds.
Microsoft's total revenue grew by 11% YoY to US$50.1bn, and it grew by 16% YoY on a constant currency basis. Meanwhile, PATMI fell by 14% YoY. This was mainly because of a one-time tax benefit of US$3.3bn in the year-ago quarter. Excluding this benefit normalized PATMI grew by about 2% YoY.
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The skinny
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