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Microsoft beats quarterly revenue estimates
Apr 25, 2024 1:20 PM

(Reuters) - Microsoft ( MSFT ) beat Wall Street estimates for third-quarter revenue on Thursday, driven by gains from AI adoption across its cloud services and business software products.

Revenue rose 17% to $61.9 billion in the quarter ended March, compared with analysts' consensus estimate of $60.80 billion, according to LSEG data.

(Reporting by Yuvraj Malik in Bengaluru; Editing by Sriraj Kalluvila)

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