Thursday, October 20, 2016

Microsoft Profit Tops View On Strong Cloud Business, Shares Up 6%

Software giant Microsoft Corp. (MSFT), Tuesday reported a profit for the first quarter that trumped analysts' estimates, as CEO Satya Nadella's strategy seems to be working reflected by strong growth in cloud business. Microsoft stock spiked up over 5 percent in after hours trading.

from RTT - Earnings http://ift.tt/2dSsZ4B
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