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What's behind Microsoft's annual segment changes?

August 22, 2024 12:35 PM EDT

Microsoft (NASDAQ: MSFT) has recently made notable changes to its annual key performance indicators (KPIs) ahead of the FY25 reporting period, with a particular focus on reclassifying revenue streams to better align with the company's strategic priorities.

According to Citi analysts in a note Thursday, these changes are "more extensive than in the past" as they bring the key components of M365 within the PBP... More