Microsoft Reports Strong Q3 Results but Faces Ongoing Software Concerns
Microsoft reported better-than-expected Q3 results with revenue rising 18% year-over-year to $82.89 billion and EPS up 23.4% to $4.27. Azure cloud revenue growth exceeded expectations, but concerns about the sustainability of Microsoft's software business models led to a muted stock reaction.
Tickers: $MSFT
Topics: Azure Earnings Microsoft Revenue Growth Stock Performance