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Microsoft Q3 Earnings: Revenue Beat, EPS Beat, 'New Era Of AI Transformation' And More - Microsoft (NASDAQ:MSFT)

Microsoft's third-quarter revenue increased 17% year over year to $61.9 billion, which beat the consensus estimate of $60.804 billion, according to Benzinga Pro. The tech giant reported quarterly earnings of $2.94 per share, which beat analyst estimates of $2.82 per share.
Satya Nadella Business Processes Intelligent Cloud More Personal Computing Miss This Going Well For Microsoft

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Microsoft results top Wall Street targets, driven by AI investment

(Reuters) -Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services, and the company's shares jumped more than 4% in extended trade. Executives forecast ranges for current quarter cloud revenue that were mostly above Wall Street targets. The rise in Microsoft shares after the bell lifted the company's stock market value by $128 billion as profit and revenue growth overshad...
Stephen Nellis Sriraj Kalluvila Yuvraj Malik David Gregorio Jeremy Goldman Brett Iversen
Source: yahoo.com

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