Tag: 2024
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Microsoft calendar Q1 2024 earnings revenue $61.9 B, up 17%, Net income $21.9B up 20%, EPS $2.94 up 20%
April 25, 2024 Microsoft’s calendar Q1 2024 revenue (its FY24 Q3), net income and EPS are all up double digits. How is it possible a company that big can still grow that much? Let’s delve into how they made it happen. Productivity and Business revenue $19.6 B, up 12% Intelligent Cloud, $26.7 B, up 21%.…
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Tesla Q1 2024 earnings released, Revenue $17.378B down -9% yoy, GAAP Income $1.129B down -55% yoy, diluted EPS $0.34 down -47%
April 23, 2024, Tesla Q1 2024 revenue declined 9% yoy to $23.3B. Slide deck: https://digitalassets.tesla.com/tesla-contents/image/upload/IR/TSLA-Q1-2024-Update.pdf Transcript available at: https://www.fool.com/earnings/call-transcripts/2024/04/23/tesla-tsla-q1-2024-earnings-call-transcript/ Fewer automotive deliveries are the reason, caused by shipping problems, lost of government incentives, a highly competitive EV market and tough interest rate environment globally. The earnings release noted that the industry is moving toward hybrids…