More Upside For MSFT Stock After An Impressive Q3?
- Microsoft reported $25.8 billion in net income and $70.1 billion in revenue for the quarter ending March 31, 2025, from Redmond, Washington.
- The strong results followed 33 percent growth in Azure and cloud services revenue and an 18 percent profit increase year-over-year.
- Intelligent Cloud revenue reached $26.8 billion, outpacing other segments, while personal computing and gaming also showed moderate gains.
- Microsoft CEO Satya Nadella emphasized that cloud and artificial intelligence are critical drivers for business growth, cost reduction, and increased productivity, while the company reduced its AI infrastructure spending to $21.4 billion this quarter.
- The results exceeded expectations, lifting Microsoft stock 7 percent after hours and signaling continued growth amid economic uncertainty with a $73.7 billion revenue outlook.
34 Articles
34 Articles
Microsoft quarterly profits up 18% amid tech sector turbulence
REDMOND, Washington — Microsoft’s cloud computing and artificial intelligence business helped deliver $70.1 billion in sales and boosted profits by 18 percent for the January-March quarter This is a dose of relief for investors during a turbulent time for the tech sector and US economy. The company reported quarterly net income of $25.8 billion, or
Microsoft reports higher earnings as demand for cloud, AI continues
Tech giant Microsoft Corp. reported an increase in revenue and income for the third quarter of fiscal year 2025, driven by ongoing demand for its cloud and artificial intelligence (AI) services. The company posted $70.1 billion in revenue, up 13% compared to the same period last year. Operating income reached $32 billion, a 16% increase. […] The post Microsoft reports higher earnings as demand for cloud, AI continues appeared first on Back End N…
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