Companies

Microsoft’s Earnings Soar on Cloud Sales, Well Above Wall Street Expectations

Shares of the company rose nearly 7 percent in after-hours trading.
Microsoft’s Earnings Soar on Cloud Sales, Well Above Wall Street Expectations
Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, on April 18, 2016. Reuters/Charles Platiau
Wesley Brown
|Updated:
0:00

Sales of Microsoft Corp.’s growing cloud services jumped more than 20 percent in the third quarter of fiscal year 2025, boosting earnings and surpassing Wall Street expectations.

For the period ending March 31, the Redmond, Washington-based software giant reported net income of 25.8 billion, or $3.46 per share, compared with $21.9 billion, or $2.94 per share, in the third quarter of fiscal year 2024. Revenue jumped 13 percent to $70.1 billion, compared with $61.8 billion a year ago.
Wesley Brown
Wesley Brown
Author
Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.