Microsoft cloud revenue reaccelerates, sending profit above Street estimates

Microsoft cloud revenue reaccelerates, sending profit above Street estimates

4 years ago
Anonymous $-riAjkQg_1

https://www.reuters.com/article/us-microsoft-results/microsoft-cloud-revenue-reaccelerates-sending-profit-above-street-estimates-idUSKBN1ZS2Z5

Microsoft Corp on Wednesday reported fiscal second-quarter sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue growth in eight quarters amid a pitched battle with Amazon.com Inc’s cloud unit.