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Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand
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Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand
May 25, 2025 10:21 PM

April 30 (Reuters) - Microsoft ( MSFT ) topped market

estimates for quarterly revenue on Wednesday, boosted by steady

demand for its cloud services as businesses ramped up spending

on artificial-intelligence tools.

The company said revenue rose 13% to $70.1 billion in its

fiscal third quarter, compared with analysts' average estimate

of $68.42 billion, according to data compiled by LSEG.

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