Microsoft reports strong results driven by cloud sector growth
MSFT Microsoft Corp
$543.72 +0.47%
View chart & analysis → - 1Microsoft recorded an 18% year-over-year increase in revenue in its recent earnings report.
- 2The company demonstrated strong performance with a 23% year-over-year increase in profit.
- 3Microsoft Intelligent Cloud revenue reached $39.3 billion, representing a 32% year-over-year growth rate.
So what's the key point?
Microsoft revenue increased by 18% compared to last year. Cloud sector revenue grew by 32%, and profit also rose by 23%.
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