Microsoft’s stock rises on solid earnings and revenue beat, with Azure growing 48%
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.
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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.
Alphabet shares dropped 9% after reporting lower-than-expected Q3 earnings per share and a significant decline in free cash flow.
Microsoft reported $92.3 billion in quarterly revenue, marking 10 consecutive quarters of record-breaking results, a 19% year-over-year increase.
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.
Allcargo Logistics deployed Oracle Fusion Cloud to consolidate finance operations for 4,000+ users across 700 operating units, reducing month-end close time by 30%.