Note: The start time of the fiscal year of each company is different from the natural year, so there may be inconsistencies between the fiscal quarter and the year and the natural year.
Software
Microsoft Corp. Announced results for the fourth fiscal quarter and fiscal year ended June 30, 2024. Revenue for the fourth fiscal quarter was $64.727 billion, compared to $56.189 billion in the same period last year, a year-over-year increase of 15%. Operating profit for the quarter was $27,925 million, compared to $24,254 million in the year-ago quarter. Net profit for the quarter was $22.036 billion, compared to $20.081 billion in the same period last year. The revenue for the fiscal year was 245.122 billion US dollars, compared with 211.915 billion US dollars in the previous fiscal year. The operating profit of 109.433 in the fiscal year was 27.925 billion US dollars, compared with 88.523 billion US dollars in the previous year. Net profit for the fiscal year was US$88.136 billion, compared to US$72.361 billion in the previous fiscal year.
ORACLE CORPORATION ANNOUNCED RESULTS FOR ITS FISCAL FOURTH QUARTER AND FISCAL YEAR ENDED MAY 31, 2024. Total revenue for the fiscal fourth quarter was $14.287 billion, compared to $13.837 billion in the year-ago quarter. The cloud computing segment performed strongly in the quarter, with revenue up 42% year-over-year to $2 billion. Net income for the quarter was $3,143 million, compared to $3,319 million in the year-ago quarter. Total revenue for the fiscal year was $52.961 billion, compared to $49.954 billion in the previous year. Net profit for the fiscal year was US$10.467 billion, compared to US$8.503 billion in the previous year.
Salesforce, the world's largest provider of CRM software services, announced results for its fiscal second quarter ended July 31, 2024. Total revenue for the quarter was $9,325 million, compared to $8,603 million in the year-ago quarter. Net income for the quarter was $1,429 million, compared to $1,267 million in the year-ago quarter.
SAP, Europe's largest software company, has announced its results for the second quarter of 2024. Total revenue for the quarter was 8.288 billion euros (about 9.2 billion US dollars), compared to 7.554 billion euros in the same period last year, an increase of 10% year-on-year. Among them, the cloud business revenue was 4.153 billion euros. Profit after tax for the quarter was 918 million euros, compared to 2,982 million euros in the prior-year quarter, down 69 percent year-on-year.
Broadcom announced results for its fiscal third quarter ended August 4, 2024. Quarterly net revenue was $13.072 billion, compared to $8.876 billion in the same period last year, a year-on-year increase of 47%. Net loss for the quarter was $1,875 million, compared to a net profit of $3,303 million in the year-ago quarter. Among them, the semiconductor business revenue was 7.274 billion US dollars, compared with 6.941 billion US dollars in the same period last year, a year-on-year increase of 5%. Software revenue was $5.798 billion, compared to $1.935 billion in the same period last year, a year-on-year increase of 200%.
Adobe announced results for the fiscal second quarter ended May 31, 2024. Total revenue for the quarter was $5,309 million, compared to $4,816 million in the year-ago quarter. Net income for the quarter was $1,573 million, compared to $1,295 million in the year-ago quarter. Sales in the Digital Media segment increased by approximately 11% year-on-year to $3.91 billion.
Intuit Group Inc. (Intuit) announced its results for the fourth fiscal quarter and fiscal year ended July 31, 2024. Total net revenue for the fiscal fourth quarter was $3,184 million, compared to $2,712 million in the year-ago quarter, an increase of 17% year-over-year. Net loss for the quarter was $20 million, compared to a net profit of $89 million in the year-ago quarter. Total net revenue for the fiscal year was $16.285 billion, compared to $14.368 billion in the previous fiscal year. Net profit for the fiscal year was $2.963 billion, compared to $2.384 billion in the previous fiscal year.
Systems software company ServiceNow announced its second-quarter 2024 results. Total revenue for the quarter was $2.627 billion, up 22% year-over-year. Net income for the quarter was $262 million.
Autodesk announced results for the fiscal second quarter ended July 31, 2024. Total net revenue for the quarter was $1,505 million, compared to $1,345 million in the year-ago quarter. Net income for the quarter was $282 million, compared to $222 million in the year-ago quarter.
Video conferencing software developer Zoom announced results for its fiscal second quarter ended July 31, 2024. Quarterly revenue was $1,163 million, compared to $1,139 million in the year-ago quarter. Net income for the quarter was $219 million, compared to $182 million in the year-ago quarter.
Computers and office equipment
Dell Technologies announced results for the fiscal second quarter ended August 2, 2024. Net revenue for the quarter was $25.026 billion, compared to $22.934 billion in the same period last year, a year-on-year increase of 9%. Net income for the quarter was $841 million, compared to $455 million in the year-ago quarter, an increase of 85% year-over-year. Sales in the Servers segment were $11.6 billion, while Computer sales were down 4% to $12.4 billion.
Lenovo reported profitability for the second consecutive quarter, driven by its PC business. Profit attributable to shareholders for the quarter ended June 2024 increased 38% year-over-year to $243 million. Net profit (on a non-HKFRS basis) increased by 65% to US$315 million. Quarterly results: Group revenue increased 20% year-on-year to $15,447 million. The Smart Devices Group generated revenue of $11.4 billion, the Infrastructure Solutions Group revenue of $3.2 billion and the Solutions Services Group revenue of $1.9 billion.
Apple announced results for the fiscal third quarter ended June 29, 2024. Total net sales for the quarter were $85.777 billion, compared to $81.797 billion in the year-ago quarter. Net profit was US$21.448 billion, compared with US$19.881 billion in the same period last year. Sales in Greater China were US$14.728 billion, compared to US$15.758 billion in the same period last year. iPhone sales were $39.296 billion, compared to $39.669 billion in the same period last year. iPad sales were $7.162 billion, compared to $5.791 billion in the same period last year. Mac sales were $7.009 billion, compared to $6.84 billion in the year-ago quarter. Service sales were $24,213 million, compared to $21,213 million in the same period last year. The sales of wearable and home accessories were 8.097 billion US dollars, compared with 8.284 billion US dollars in the same period last year.
Hewlett-Packard (HP) announced results for its fiscal third quarter ended July 31, 2024. Total net revenue for the quarter was $13.519 billion, compared to $13.196 billion in the year-ago quarter. Net income for the quarter was $640 million, compared to $766 million in the year-ago quarter. Among them, the revenue of the personal system business was 9.369 billion US dollars, and the revenue of the printing business was 4.143 billion US dollars.
Super Micro Computer, Inc. Announced results for the fourth fiscal quarter and fiscal year ended June 28, 2024. Net sales in the fiscal fourth quarter were $5,308 million, compared to $2,185 million in the year-ago quarter. Net income for the quarter was $353 million, compared to $194 million in the year-ago quarter. Net sales for the fiscal year were $14,943 million, compared to $7,123 million in the previous fiscal year. Net profit for the fiscal year was $1.208 billion, compared to $640 million in the previous fiscal year.
Western Digital announced its results for the fiscal fourth quarter and fiscal year ended June 28, 2024. Net revenue for the fiscal fourth quarter was $3,764 million, compared to $2,672 million in the year-ago quarter. Net income attributable to common shareholders for the quarter was $307 million, compared to a net loss of $724 million in the year-ago quarter. Among them, the revenue of Flash flash memory business was 1.761 billion US dollars, compared with 1.377 billion US dollars in the same period last year. HDD revenue was $2,002 million, compared to $1,295 million in the same period last year. Net revenue for the fiscal year was $13.003 billion, compared to $12.318 billion in the previous fiscal year. Net loss for the fiscal year was $561 million, compared to a net loss of $1,708 million last fiscal year.
Seagate Technology announces results for its fiscal fourth quarter and fiscal year ended June 28, 2024. Revenue for the fiscal fourth quarter was $1,887 million, compared to $1,602 million in the year-ago quarter. Net income for the quarter was $513 million, compared to a net loss of $92 million in the year-ago quarter. Revenue for the fiscal year was $6,551 million, compared to $7,384 million in the previous fiscal year. Net income for the fiscal year was $335 million, compared to a net loss of $529 million last fiscal year.
Information Services
The International Business Machines (IBM) reported second-quarter 2024 results, with a surge in orders for its artificial intelligence business. Quarterly revenue increased 2% to $15.77 billion from $15.48 billion in the year-ago quarter. Software segment revenue increased 7% to $6.7 billion. Inquiry revenue fell 1% to $5.2 billion. Net income for the quarter was $1.83 billion, compared to $1.58 billion in the year-ago quarter.
TD SYNNEX announces results for the fiscal second quarter ended May 31, 2024. Revenue for the quarter was $13.948 billion, compared to $14.062 billion in the same period last year. Net income for the quarter was $144 million, compared to $133 million in the year-ago quarter.
Accenture announced results for its fiscal third quarter ended May 31, 2024. Quarterly revenue was $16.467 billion, compared to $16.565 billion in the year-ago quarter. Operating profit for the quarter was $2,631 million, compared to $2,359 million in the year-ago quarter. Net income attributable to the Company for the quarter was $1,932 million, compared to $2.01 billion in the year-ago quarter. Among them, the revenue of consulting business was 8.457 billion US dollars, and the revenue of management service business was 8.01 billion US dollars.
Hewlett Packard Enterprise announced results for the fiscal third quarter ended July 31, 2024. Net revenue for the quarter was $7.71 billion, compared to $7.002 billion in the year-ago quarter. Net income for the quarter was $512 million, compared to $464 million in the year-ago quarter.
Fujitsu Limited announced its results for the first fiscal quarter ended June 30, 2024. Quarterly revenue was 830.03 billion yen (about 5.8 billion U.S. dollars), compared with 799.64 billion yen in the same period last year. Operating profit for the quarter was 21.387 billion yen, compared to an operating loss of 1.88 billion yen in the same period last year. Net income attributable to owners of the parent company for the quarter was 16,876 million yen, compared to 4,249 million yen in the same period last year.
Cognizant Technology Solutions announces results for the second quarter of 2024. Quarterly revenue was $4.85 billion, compared to $4.886 billion in the year-ago quarter. Net income for the quarter was $566 million, compared to $463 million in the year-ago quarter.
NEC announced its results for the first fiscal quarter ended June 30, 2024. Quarterly revenue was 690.3 billion yen ($4.8 billion), compared with 706.5 billion yen in the same period last year. Operating profit for the quarter was 4.54 billion yen, compared to an operating loss of 8.125 billion yen in the same period last year. Net loss attributable to owners of the parent company for the quarter was 5,836 million yen, compared to a net loss of 7,388 million yen in the same period last year.
Infosys announced results for the fiscal first quarter ended June 30, 2024. Quarterly revenue was $4,714 million, compared to $4,617 million in the year-ago quarter. Operating profit for the quarter was $994 million, compared to $961 million in the year-ago quarter. Net income for the quarter was $764 million, compared to $724 million in the year-ago quarter.
DXC Technology announced results for the fiscal first quarter ended June 30, 2024. Quarterly revenue was $3,226 million, compared to $3,446 million in the year-ago quarter. Net income attributable to the Company's common shareholders for the quarter was $26 million, compared to $36 million in the year-ago quarter.
Imaging equipment and others
Canon Group (Canon) released its financial results for the second quarter of 2024. Group revenue in the second quarter increased by 14.4% year-on-year to 1,167.786 billion yen (about 8.15 billion US dollars). Operating profit increased by 28.3% year-on-year to 118.391 billion yen. Net profit increased by 37.4% year-on-year to 89.857 billion yen. Among them, the turnover of the printing business increased by 13.8% year-on-year to 654.5 billion yen. Turnover in the medical business area increased by 11.8% year-on-year to 141 billion yen. Revenue in the imaging business increased by 11.6% year-on-year to 244.7 billion yen. Turnover in the industrial segment increased by 26.2% year-on-year to 94.5 billion yen.
Fujifilm Holdings announced its results for the first quarter of the fiscal year ended June 30, 2024. Group sales increased by 13.4% year-on-year to 749 billion yen (approximately US$5.224 billion). Operating profit increased by 19.1% year-on-year to 62.2 billion yen, driven by overall sales growth and currency effects, and net income attributable to the Group increased by 11.6% year-on-year to 60.7 billion yen. By business segment, revenue from the healthcare business increased by 10.8% year-on-year to JPY 229.2 billion. Revenue from the electronic materials business increased by 37.9% year-on-year to 109.1 billion yen. Revenue from the imaging business increased by 24.2% year-on-year to 105.2 billion yen. Business innovation revenue increased by 3.9% year-on-year to 280 billion yen.
Ricoh Company Ltd. Announced results for the first fiscal quarter ended June 30, 2024. Quarterly sales were 574.379 billion yen (about 4 billion U.S. dollars), compared to 534.6 billion yen in the same period last year. Operating profit for the quarter was 6,332 million yen, compared to 10,171 million yen in the same period last year. Net income attributable to owners of the parent company for the quarter was 7,798 million yen, compared to 8,795 million yen in the same period last year.
Xerox reports results for the second quarter of 2024. Total revenue for the quarter was $1,578 million, compared to $1,754 million in the year-ago quarter. Net income for the quarter was $15 million, compared to a net loss of $64 million in the year-ago quarter.
Nikon, a major manufacturer of cameras and lithography machines in Japan, announced its results for the first fiscal quarter ended June 30, 2024. Quarterly revenue was 163.896 billion yen (about 1.143 billion U.S. dollars), compared with 158.146 billion yen in the same period last year. Operating profit for the quarter was 2.95 billion yen, compared to 3.29 billion yen in the same period last year. Net income attributable to owners of the parent company for the quarter was 2,755 million yen, compared to 2,576 million yen in the same period last year.
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