Microsoft results top forecasts, shares jump 8% as AI juices sales

Microsoft has reported better-than-expected quarterly revenues and profits, driven by growth in its cloud computing and Office productivity software businesses. The company reported profits of $2.45 per share in the third quarter of its fiscal year, beating Wall Street expectations of $2.23.

Apr 26, 2023 - 11:30
Microsoft results top forecasts, shares jump 8% as AI juices sales
Microsoft has reported better-than-expected quarterly revenues and profits, driven by growth in its cloud computing and Office productivity software businesses. The company reported profits of $2.45 per share in the third quarter of its fiscal year, beating Wall Street expectations of $2.23.