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Microsoft Is Gaining Ground After Earnings

2018-10-26 0 Dailymotion

Microsoft was gaining ground ahead of Thursday's opening bell after reporting fiscal first-quarter results that topped Wall Street estimates but included a slowdown in revenue growth from its cloud-computing unit.<br /><br />Shares were up more than 3% early Thursday after the tech giant said it earned $1.14 a share on revenue of $29.1 billion.<br /><br />And while sales from its Azure cloud-computing unit grew 76% versus a year ago, that was a bit below the 89% pace experienced in the fourth quarter. <br />

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