Microsoft beats on sales and earnings as Azure growth outpaces expectations

Microsoft's results beat across the board as Azure grew more than some analysts had expected.

Satya Nadella, CEO of Microsoft, is pictured at Microsoft's annual shareholder meeting in Bellevue, Washington on November 30, 2016.shares moved as much as 1% higher in extended trading on Tuesday after the company reported fiscal first-quarter results that were better than analysts had expected.$1.82 per share, adjusted, vs. $1.54 per share as expected by analysts, according to Refinitiv.

The Productivity and Business Processes segment, which includes Dynamics, LinkedIn and Office, delivered $12.32 billion in revenue. That's up 11% and higher than the $11.78 billion FactSet consensus.

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