Microsoft shares jump on earnings, revenue beat as Azure cloud business grows 33%

Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft shares rose more than 6% in extended trading on Wednesday after the company reported better-than-expected quarterly results driven by its Azure cloud business. Here's how the company performed in comparison with LSEG consensus: Earnings per share: $3.46 vs. $3.22 expected $3.46 vs. $3.22 expected Revenue: $70.07 billion vs. $68.42 billion expected Microsoft's revenue grew 13% year over year in the quarter, which ended on March 31, according to a statement. Net income climbed 18% to $25.8 billion from $21.9 billion, or $2.94 per share, a year earlier. While earnings and revenue topped estimates, those results are backward looking. President Donald Trump's sweeping tariffs were announced in early April, and investors will be focused on commentary on the upcoming earnings call for a sense of their likely impact ... Read full article.