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AI English summary of an SEC filing — figures as filed

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The company said total revenue for fiscal 2024 Q3 (ended February 29, 2024) was $13,280 million, up 7% from a year earlier, and total Remaining Performance Obligations rose 29% to $80 billion.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said total revenue for fiscal 2024 Q3 (ended February 29, 2024) was $13,280 million, up 7% from a year earlier, and total Remaining Performance Obligations rose 29% to $80 billion.

  2. The company said cloud revenue (IaaS plus SaaS) for Q3 was $5.1 billion, up 25% in USD. It said Cloud Infrastructure (IaaS) revenue was $1.8 billion, up 49%.

  3. The company said GAAP operating income for Q3 was $3,750 million (GAAP operating margin of 28%), GAAP net income was $2,401 million, and non-GAAP diluted earnings per share rose 16% to $1.41.

  4. The company said operating cash flow for the last 12 months was $18.2 billion and free cash flow was $12.3 billion. Its board declared a quarterly cash dividend of $0.40 per share, payable on April 24, 2024.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q3 Total Revenue $13,280 million, Total Remaining Performance Obligations $80 billion

The company said total revenue for fiscal 2024 Q3 (ended February 29, 2024) was $13,280 million, up 7% from a year earlier, and total Remaining Performance Obligations rose 29% to $80 billion.

Source · Based on the filing body and exhibits

Q3 Cloud Revenue $5.1 billion, IaaS Revenue $1.8 billion

The company said cloud revenue (IaaS plus SaaS) for Q3 was $5.1 billion, up 25% in USD. It said Cloud Infrastructure (IaaS) revenue was $1.8 billion, up 49%.

Source · Based on the filing body and exhibits

Q3 GAAP Operating Income $3,750 million, GAAP Net Income $2,401 million

The company said GAAP operating income for Q3 was $3,750 million (GAAP operating margin of 28%), GAAP net income was $2,401 million, and non-GAAP diluted earnings per share rose 16% to $1.41.

Source · Based on the filing body and exhibits

Free Cash Flow $12.3 billion for Last 12 Months, Quarterly Dividend $0.40

The company said operating cash flow for the last 12 months was $18.2 billion and free cash flow was $12.3 billion. Its board declared a quarterly cash dividend of $0.40 per share, payable on April 24, 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.