Important Financial Statements from Technology Giants: Microsoft, Tesla, Meta

Quarterly Results from Tech Giants

Technology giants Microsoft (MSFT), Tesla (TSLA), and Meta Platforms (META) have announced their quarterly financial results. These results have had a significant impact on the markets.

Microsoft's Revenue Exceeds Expectations

Microsoft reported revenue in its fiscal second quarter that exceeded analyst expectations, although the company's cloud division showed weak performance. The company achieved $81.27 billion in revenue, a 16.7% increase year-over-year, and reported a diluted earnings per share of $4.14. Analysts had expected $80.27 billion in revenue and earnings per share of $3.97.

However, the revenue derived from Azure and other cloud services has fallen short of growth forecasts. Microsoft has set its revenue guidance for the fiscal third quarter between $80.65 billion and $81.75 billion.

Meta Platforms Reports Strong Results

Meta exceeded analyst expectations with its revenue reported in the fourth quarter. The company reached $59.89 billion, a 24% year-over-year increase. Its earnings per share also came in at $8.88, surpassing analysts' expectations of $8.23. Meta's executives stated that these strong results are supported by demand expected to continue until early 2026.

Tesla Faces Revenue Decline But There Is Hope

Tesla registered a decline in its annual revenue at a historic turning point. However, the company's revenue for the fourth quarter reached $24.9 billion, exceeding analyst expectations. The earnings per share were also set at $0.50. Despite a 11% revenue drop in Tesla's automotive division, CEO Elon Musk is trying to give investors hope regarding new projects. Musk highlighted electric vehicles, the new Robotaxi business, and the yet-to-be-released Optimus humanoid robots.

Elon Musk stated, “We are really moving towards a future based on autonomy.” providing information to investors about new investments.