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Microsoft quarterly profit rises 10 percent

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Reuters
Last Updated : Jul 20 2018 | 1:55 AM IST

(Reuters) - Microsoft Corp reported a 10 percent rise in quarterly profit on Thursday, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite.

Net income rose to $8.87 billion, or $1.14 per share, in the fourth quarter ended June 30 from $8.07 billion, or $1.03 per share, a year earlier.

Revenue rose to $30.09 billion from $25.61 billion.

(Reporting by Vibhuti Sharma in Bengaluru; Editing by Anil D'Silva)

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First Published: Jul 20 2018 | 1:46 AM IST

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