Microsoft reports Q4 earnings and revenue beat estimates; Azure tops $100B in revenue
Microsoft (MSFT) reported fourth-quarter results that exceeded Wall Street expectations, with shares rising 8% in extended trading. The company earned an adjusted $4.74 per share for the period ending June 30, and its total revenue increased by 18% year-over-year. A key highlight was Microsoft's Azure cloud computing division surpassing $100 billion in annualized revenue, signaling strong growth in one of the company’s most critical business segments. The performance reflects robust demand for Microsoft's enterprise services and continued momentum in its cloud offerings.
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