Microsoft Corporation (NASDAQ:MSFT) recently announced its fiscal Q3 2024 earnings and reported revenue of roughly $61.8 billion, which showed a 17% growth from the same period last year. The revenue not only showed growth but also beat analysts' estimates by $1.01 billion. Its operating income amounted to $27.6 billion, up 23% from the third quarter of 2023. During the quarter, the company generated $32 billion in operating cash flow, up from $24.4 billion in the prior year period. The company's solid cash position enabled it to uphold its commitment to shareholders by returning $8.4 billion to them through dividends and share repurchases in Q3 2024.