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    Home » SEM
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    Microsoft Advertising / Bing Ad Revenue Up 19%

    YGLukBy YGLukJuly 31, 2024No Comments2 Mins Read
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    Microsoft reported its fourth quarter 2024 earnings and it confirmed that its search and promoting income was up 19%. The final time it was up over 19% in 1 / 4 was 10 quarterly incomes studies in the past, in Q3 2022.

    Microsoft wrote, “Search and information promoting income excluding visitors acquisition prices elevated 19%.”

    Listed below are the highlights of the report:

    • Income was $64.7 billion and elevated 15% (up 16% in fixed forex)
    • Working revenue was $27.9 billion and elevated 15% (up 16% in fixed forex)
    • Web revenue was $22.0 billion and elevated 10% (up 11% in fixed forex)
    • Diluted earnings per share was $2.95 and elevated 10% (up 11% in fixed forex)

    Right here is how the promoting income chart appears particular to look and information promoting income will increase quarter to quarter (over):

    Microsoft Ad Revenues Chart

    It appears to be moving into the correct path.

    Microsoft reported better-than-expected earnings and income for the fiscal fourth quarter however the inventory dropped in prolonged buying and selling as traders centered on disappointing Azure income.

    Right here is my protection of the previous MSFT earnings and right here is the latest Google earnings report the place Google Ad revenue was up 11%.

    Discussion board dialogue at X.



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