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Microsoft Corporation (NASDAQ:MSFT) - Microsoft Hits New All-Time High As Q2 Cloud, Azure Business Overshadow Xbox Release

Share: Microsoft Corporation (NASDAQ: MSFT) reported second-quarter earnings after the stock hit a new all-time high on Tuesday. What Happened: Revenue increased 17% year-over-year to $43.1 billion for Microsoft, beating street consensus estimates of $40.2 billion. Net income increased 33% year-over-year and earnings per share of $2.03 came in well ahead of Street consensus estimates of $1.64. The highlight for Microsoft in the quarter was the growth of the cloud-related businesses. Commercial ...
Amy Hood Microsoft Corporation Microsoft Analysts Payoff From Cloud Shift Azure Narrowing The Gap With More Personal Computing

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