News Score: Score the News, Sort the News, Rewrite the Headlines

Microsoft cloud growth accelerates on back of AI push

Microsoft shares rose as much as 5% in extended trading on Thursday after the software maker issued fiscal third-quarter results that outdid Wall Street's expectations. Here's how the company did in comparison with the consensus from LSEG: Earnings per share: $2.94 vs. $2.82 expectedRevenue: $61.86 vs. $60.80 billion expectedMicrosoft's total revenue grew 17% year over year in the quarter, which ended on March 31, according to a statement. Net income, at $21.94 billion, or $2.94 per share, was u...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines