Microsoft (MSFT) delivered fiscal first-quarter earnings that topped Street expectations, but its cloud revenue growth missed estimates.
The tech titan's third-quarter revenue rose 16% year-over-year to $65.59 billion, above the analyst consensus from Visible Alpha. Net income at $24.67 billion or $3.30 per share was up from $22.29 billion or $2.99 per share a year earlier and higher than expectations.
Microsoft's Intelligent Cloud segment, which includes its Azure cloud […]
Microsoft’s Earnings Exceed Expectations But Cloud Growth Falls Short