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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Software & services

Microsoft quarter beat expectations thanks to the cloud

Microsoft had adjusted revenues of US$24.7bn, and net income amounted to US$7.7bn.

Attention is on Microsoft Corporation (NASDAQ:MSFT) on Friday morning after the software giant’s quarterly figures were ahead of Wall Street’s expectations.

The positive performance in the fourth quarter, revealed after Thursday’s market close, was boosted by the group’s increasingly import Azure cloud computing unit.

Microsoft had adjusted revenues of US$24.7bn, and net income amounted to US$7.7bn.

Professional networking web operation LinkedIn, however, was a drag as it remained loss making.

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