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The Economic Times
The Economic Times
Technology

Microsoft beats Wall Street expectations with $90 billion in revenue

Microsoft Satya Nadella Visible Alpha Google

Microsoft posted strong results for its quarterly earnings on Wednesday, beating expectations and showing strong growth in its cloud computing platform and a boost in paid AI users.

The Redmond, Washington, company earned $90 billion, or $4.81 per share, in the April-June quarter. That is up 18% from the same period a year earlier. Analysts surveyed by FactSet Research had expected the company to earn $4.24 per share on revenue of $87.62 billion this quarter.

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