Danielle Criste
Coverage of Danielle Criste in the Nexus archive.
- Microsoft beats Wall Street expectations with $90B in revenue
Microsoft reported $90B in quarterly revenue, surpassing expectations with 18% YoY growth. Cloud revenue reached $59.3B, with Azure and AI services driving a 43% increase. Azure's annual revenue surpassed $100B, and Microsoft 365 Copilot reached 30 million paid seats.
- Microsoft beats Wall Street expectations with $90B in revenue
Microsoft reported $90 billion in revenue for its April-June quarter, exceeding expectations and showing a 27% year-over-year increase in cloud computing revenue. Azure revenue surpassed $100 billion for the first time, and Microsoft 365 Copilot reached 30 million paid seats. The company's shares rose 3% in after-hours trading following the announcement.
- Microsoft beats Wall Street expectations with $90B in revenue
Microsoft reported $90 billion in revenue for its April-June quarter, surpassing Wall Street expectations, driven by 27% growth in cloud revenue and increased paid AI users. Azure revenue rose 43%, and the company’s full fiscal year revenue reached $331.8 billion.