Microsoft beats expectations fueled by Azure cloud business
Microsoft exceeded revenue and profit expectations driven by strong growth in its Azure cloud business.
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Microsoft exceeded revenue and profit expectations driven by strong growth in its Azure cloud business.
Microsoft beat earnings and revenue forecasts in its fiscal 2027 first quarter, with Azure cloud infrastructure growing 48%, lifting its stock about 4% after hours.
Microsoft reported quarterly revenue of $92.3bn and profit of $36.6bn, exceeding market expectations.
Microsoft publicly disclosed Azure's quarterly revenue at $33.2 billion for the first time, revealing its growing competitive position against AWS.
Microsoft reports strong Q1 FY2027 financial results with $92.3 billion in revenue (up 19% YoY) and restructures its reporting segments to split businesses into Agents and Infra, and Devices and Consumer.