Microsoft Corporation (MSFT) is all set to lift the curtains on its fiscal 2024 second-quarter results on January 30, 2024. Wall Street predicts MSFT’s revenue to hit $61.13 billion for the quarter, marking a substantial 15.9% year-over-year increase. Meanwhile, the consensus EPS estimate for the same quarter stands at $2.77, reflecting a notable 19.3% year-over-year rise.
The company delivered solid fiscal first-quarter results, surpassing both revenue and EPS estimates. This solid performance is attributed to MSFT’s swift incorporation of Artificial Intelligence (AI) across all levels of its technology infrastructure, diverse roles, and business operations, all aimed at elevating productivity for its customers.
