Advertisement
New Zealand markets open in 4 hours 10 minutes
  • NZX 50

    11,820.78
    -117.30 (-0.98%)
     
  • NZD/USD

    0.6015
    +0.0003 (+0.05%)
     
  • ALL ORDS

    7,952.30
    +54.80 (+0.69%)
     
  • OIL

    78.24
    +0.13 (+0.17%)
     
  • GOLD

    2,333.60
    +25.00 (+1.08%)
     

Microsoft earnings top estimates as cloud business sees growth

Microsoft (MSFT) reported third quarter earnings of $2.94 per share. Revenue of $61.9 billion topped estimates of $60.8 billion.

The company's cloud business was a standout, with revenue of $35.1 billion versus an estimate of $33.9 billion.

Yahoo Finance's Julie Hyman Jared Blikre, and Josh Schafer break down the tech giant's quarterly results.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Stephanie Mikulich.