Menu

Microsoft beats on top and bottom lines with 40% Azure growth
📰
0

Microsoft beats on top and bottom lines with 40% Azure growth

CNBC·Jordan Novet·about 1 month ago
#tBsuk081
Reading 0:00
15s threshold

Microsoft CEO Satya Nadella speaks during the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft shares slipped 2% on Wednesday after the software maker reported more robust fiscal third-quarter results than analysts had expected. Capital spending came in lower than anticipated. Here's how the company did in comparison with LSEG consensus: Earnings per share: $4.27 adjusted vs. $4.06 expected Revenue: $82.89 billion vs. $81.39 billion expected Microsoft's revenue grew 18% year over year in the quarter, which ended on March 31, according to a statement . Net income of $31.78 billion, or $4.27 per share, was up from $25.82 billion, or $3.46 per share, in the same quarter a year earlier. Adjusted earnings exclude a $14 million decrease in net income from Microsoft's OpenAI investments.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More