00:00It's Benzinga and here's what's on the block.
00:02Microsoft's fourth quarter revenue and earnings per share both exceeded analysts' expectations,
00:07showing a significant year-over-year increase.
00:10Cloud revenue from Microsoft, Azure, and other services experienced a year-over-year increase.
00:16Both overall server products and cloud services revenue within the intelligent cloud segment
00:20and Azure's revenue saw notable growth rates.
00:24Microsoft 365 consumer subscribers exceeded 80 million up from the previous quarter.
00:29The company returned over $8 billion to shareholders via stock buybacks and dividends in Q4.
00:35Microsoft CEO Satya Nadella said the company is focused on meeting current customer needs
00:39while ensuring we lead the AI era.
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