Microsoft grows quarterly profit 28% on cloud expansion

Friday 28 April 2017 | 08:23 CET | News
Microsoft reported net profit for its fiscal third quarter to March up 28 percent year-on-year to USD 4.80 billion or USD 0.61 per share. Revenues increased 8 percent to USD 22.10 billion, and operating profit improved 6 percent to USD 5.59 billion. The takeover of Linked contributed around USD 1 billion in revenues and a USD 0.4 billion operating loss.

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Categories: Internet / Mobile & Wireless
Companies: Microsoft
Countries: World
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