News Formal

Microsoft’s Cloud Business Drives Record Sales

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Microsoft reported record quarterly revenue, lifted by cloud-computing growth, adding to the company’s momentum under CEO Satya Nadella

Microsoft Corp. reported record quarterly revenue on Thursday, lifted by cloud-computing growth, adding to the company’s momentum under Chief Executive Satya Nadella.

Revenue rose 12% from the same period a year earlier to $33.72 billion for the company’s fiscal fourth quarter ended in June, beating Wall Street estimates of $32.77 billion. Profit in the quarter also topped expectations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

With Microsoft CEO Satya Nadella gaining momentum after record quarterly revenue, equilarinc data notes that he realized a total compensation of $25,843,263 in 2018, indicating a 29% increase in pay from his 2017 earnings. $MSFT corpgov execpay

That is awesome.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

IBM stock rises as earnings, cloud revenue beat Street viewInternational Business Machines Corp. shares rise in the extended session Wednesday after the tech giant tops Wall Street earnings estimates for the second...
Source: MarketWatch - 🏆 3. / 97 Read more »