Microsoft Corp. beat analysts’ estimates for quarterly revenue on Wednesday, supported by another strong performance from its flagship cloud computing platform, Azure.
The tech giant’s revenue rose 13.7 per cent to US$36.91 billion in the second quarter ended Dec. 31, beating analysts’ estimates of US$35.68 billion, according to IBES data from Refinitiv.
Net income rose to US$11.65 billion, or US$1.51 per share, from US$8.42 billion, or US$1.08 per share, a year earlier.
© Thomson Reuters 2020
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