Microsoft reported a strong Q3FY4, driven by continued growth in its cloud business, Azure. Revenue reached $61.9Bn, a 17% increase YoY, with net income climbing 20% to $21.9Bn.
Diving into Microsoft’s FY22 Q2 Earnings
Microsoft reported strong FY22 results. Driven by the continued shift to a hybrid/remote-first work and consequent solid demand for distributed computing fabric, Microsoft Cloud continued to gain momentum growing 32% YoY. Beyond Cloud, I love the razor-sharp focus of Microsoft on steering “community-centric bets” that offer strong value; drives engagement as well as long-term revenue. These …