Microsoft reports Q3 Intelligent Cloud revenue up 16% YoY to $22.08B, vs. $21.94B est., with Azure and other cloud services revenue up 27% YoY (Jordan Novet/CNBC) 25-04-2023

Jordan Novet / CNBC:
Microsoft reports Q3 Intelligent Cloud revenue up 16% YoY to $22.08B, vs. $21.94B est., with Azure and other cloud services revenue up 27% YoY — – Microsoft surpassed expectations on the top and bottom lines. — Revenue growth from Azure slowed to 27% from 31% in the prior quarter.