January 29, 2020 / 9:11 PM / 2 months ago

Microsoft beats second-quarter revenue estimates

Jan 29 (Reuters) - Microsoft Corp beat analysts’ estimates for quarterly revenue on Wednesday, supported by another strong performance from its flagship cloud computing platform, Azure.

The tech giant’s revenue rose 13.7% to $36.91 billion in the second quarter ended Dec. 31, beating analysts’ estimates of $35.68 billion, according to IBES data from Refinitiv.

Net income rose to $11.65 billion, or $1.51 per share, from $8.42 billion, or $1.08 per share, a year earlier. (bit.ly/313nsSh) (Reporting by Ayanti Bera in Bengaluru and Stephen Nellis in San Francisco; Editing by Maju Samuel)

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