Microsoft stock up 5% despite missing revenue estimates
"In a dynamic environment, we saw strong demand, took a share, and increased customer commitment to our cloud platform. Commercial bookings grew 25 percent and Microsoft Cloud revenue was $25 billion, up 28 percent year over year," said Amy Hood.
Jul 27, 2022, 10:57 AM ISTMicrosoft revenue rises, profit falls as Nokia absorbed
Microsoft reported quarterly profit of $4.61 billion, or 55 cents per share, compared with $4.96 billion, or 59 cents per share, in the year-ago quarter.
Jul 23, 2014, 08:41 AM IST