Office

Microsoft drives cloud, Office and Windows to sustained growth in the third quarter of 2022

Microsoft drives cloud, Office and Windows to sustained growth in the third quarter of 2022

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Microsoft’s third quarter 2022 financial results are here and the company is once again posting double-digit growth – revenues of $ 49.4 billion and net income of $ 16.7 billion. Revenue increased 18% and profit represents an 8% increase year-over-year. Microsoft attributes a portion of this quarter’s growth to the cloud, with server and cloud …

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Microsoft Beats Earnings After Raising Prices for Office; stocks rise after strong forecast

Microsoft Beats Earnings After Raising Prices for Office; stocks rise after strong forecast

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Microsoft Corp. on Tuesday eclipsed profit and sales estimates and produced stronger-than-expected revenue across its business segments in an earnings report, and shares rose after executives’ forecasts also beat estimates. Microsoft MSFT, -3.74% reported third-quarter fiscal earnings of $ 16.73 billion, or $ 2.22 per share, compared with $ 2.03 per share a year ago. …

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