MSFT Earnings Call Webcast Q3 2022
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Microsoft (MSFT) released its Q3 2022 earnings report earlier today, detailing its financial performance over the past fiscal quarter. Although its numbers weren’t jaw-dropping, they were good enough to surpass expectations for both revenue and earnings-per-share. In an extended presentation, Microsoft spoke specifically to the performance of Xbox and its gaming business within the quarter, showing growth in revenue for both.
It was in a PowerPoint presentation released alongside Microsoft’s (MSFT) Q3 2022 earnings report that the company detailed the performance of Xbox as well as the rest of its gaming business in Q3 2022. Gaming revenue for the company was up 6% over the past quarter, with revenue from Xbox hardware up 14% over that same period. As Microsoft continues to get more Xbox Series X/S consoles out in the wild to meet demand, it’s seeing growth in its hardware revenue.
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