Microsoft Q1 results top estimates as cloud business shines
Investing.com - Microsoft reported Tuesday fiscal first-quarter results that beat Wall Street estimates, driven by stronger growth in its cloud business azure.
The company announced earnings per share of $2.99 on revenue of $56.52B. Analysts polled by Investing.com anticipated EPS of $2.65 on revenue of $54.53B. Revenue in productivity and business processes was up 13% to $18.6B and its intelligent cloud business, which includes cloud business Azure, grew 19% to $24.3B.Revenue in personal computing was up 3% to $13.7 billionWe encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
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