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Microsoft reports 17% revenue growth as cloud business accelerates

Microsoft reports 17% revenue growth as cloud business accelerates

Posted By: Editorial Teamon: January 26, 2021In: BUSINESS, NEWSNo Comments

Microsoft stock rose as much as 6% in extended trading on Tuesday after the company reported fiscal second-quarter earnings and Azure cloud revenue growth that exceeded analysts’ expectations. Here’s how the company did: Earnings: $2.03 per share, adjusted, vs. $1.64 per share as expected by analysts, according to Refinitiv. Revenue: $43.08 billion, vs. $40.18 billion as expected by […] Read more

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