Microsoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its Azure cloud computing division which grew by 48 percent...
The quarterly earnings report comes just days after Microsoft offered voluntary buyouts to about 60,000 employees, roughly a quarter of its workforce
Microsoft Corp. delivered better-than-expected earnings and revenue in its fiscal 2027 first quarter, driven by growth of more than 48% in its Azure cloud infrastructure business, sending its...
Microsoft also said net gains from investments in OpenAI added US$207 million to net income.
There was a lot to digest from Wednesday’s earnings reports from Microsoft and Google, long the No. 2 and 3 players in cloud computing, respectively. But let’s start with the most interesting...
Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence.
Microsoft late Wednesday handily beat Wall Street's targets for its fiscal first quarter. Microsoft stock rose on the news.
Software group reports overall revenue rose 19% to $92.3bn in quarter to end of September
Microsoft reports fiscal first-quarter results Wednesday, its first under a new structure that splits the company into two segments, two days after offering buyouts to about 60,000 employees....
Microsoft kicked off its fiscal year 2027 with an impressive financial performance, reporting total revenue of US$92.3 billion, a 19% year-over-year increase. This financial momentum was heavily...
Microsoft reported a 19 per cent year-on-year increase in revenue to USD 92.3 billion in the July-September quarter, supported by strong growth in its cloud business, as the technology major began...
Microsoft kicked off fiscal year 2027 with record-breaking financial results, generating $92.3 billion in revenue and $36.6 billion in net income.
CFO Amy Hood said the company expects capital expenditure to reach approximately $170 billion for calendar-year 2026, with spending accelerating in the second h
Quarterly revenue reached $92.28 billion and adjusted earnings per share came to $4.89, both above expectations. Azure grew 48%, even as Microsoft spent $45.2 billion on capital expenditures and...
Microsoft's Azure cloud business brought in $33.2 billion in the September quarter, up 48%, the first time the company has reported Azure's quarterly revenue. Total revenue rose 19% to $92.3...
Microsoft revenue rose 19% to $92.3 billion in the September quarter, 1 percentage point faster than the growth it reported in the second quarter. Accelerating sales in its Azure cloud unit,...
Microsoft executives credited improved operational "efficiency" for allowing it to grow at such a clip.
Microsoft just posted the first quarter of its 2027 fiscal financial results. The software maker made $92.3 billion in revenue and a net income of $33.6 billion during Q1. Revenue is up 19...
Microsoft has never disclosed Azure's quarterly revenue in dollars. But for the first time, we can see just how close it is getting to besting the biggest competitor in the market, AWS.
Whatever the future of AI might be, the current situation is still very good for Microsoft. The tech giant reported yet another record for quarterly revenue on Wednesday: $92.3 billion, a 19%...
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