fiscal q3 earnings

Microsoft CEO Satya Nadella (pictured), revealed more than 2,500 customers signed up to its Azure OpenAI service since January, laying battle lines with major competitor Google by stating his company had the world’s most-powerful AI infrastructure.

Singtel recorded a continued recovery in its mobile businesses in Singapore and Australia in its fiscal Q3 (ending 31 December 2022), but one-off gains from an asset sale a year earlier hit its bottom-line.

India-based Vodafone Idea slipped further into the red in its fiscal Q3 (ending 31 December 2022) due to a jump in network-related expenses and additional subscriber losses. Net loss increased to INR79. 9 billion ($965. 8 million) from INR72.

NTT Docomo prepared for continued costs pressures in fiscal 2023, as rising electricity charges impacted profit in fiscal Q3 2022 (ending 31 December 2022) while its mobile business remained flat.

Bharti Airtel recorded a consistent performance across its portfolio in fiscal Q3 2023 (the period to 31 December 2022), with double-digit gains in its domestic, Africa, mobile and enterprise businesses. Net profit rose 91 per cent year-on-year to INR15.

SoftBank Group suffered another huge loss in fiscal Q3 2022 (ending 31 December 2022), as its Vision Funds recorded an investment loss of JPY730. 3 billion ($5. 5 billion), extending a losing streak to four consecutive quarters.

KDDI’s profit in fiscal Q3 2023 (ending 31 December 2022) was hammered by rising costs and falling ARPU, but the operator targets hitting its full-year guidance through expenditure cuts, and gains in financial and digital transformation services.