Growth in Microsoft's cloud computing business helped push its profit up 24% in the July-September quarter over the same time last year. The Redmond, Washington-based tech company on Tuesday reported quarterly profit of $17.2 billion, or $2.27 per share, beating Wall Street expectations of $2.08 per share. Microsoft posted revenue of $45.3 billion in its fiscal first quarter, up 22% from last year. Analysts had been looking for revenue of $44 billion, according to FactSet Research.
from Gadgets Now https://ift.tt/3CldQ71
Wednesday, October 27, 2021
Microsoft profit up 24% in quarter, driven by cloud growth
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment